Hoa Binh Province Tourism Infrastructure Development Project (ADB-55284-001)

Countries
  • Vietnam
Geographic location where the impacts of the investment may be experienced.
Specific Location
Hoa Binh city
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Government of Vietnam
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 74.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Grant Amount (USD)
$ 0.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 26, 2023

Disclosed by Bank Feb 1, 2023

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the project will expand and rehabilitate the existing rural roads around the Hoa Binh reservoir connecting Hoa Binh city to Cao Phong district to improve access to tourism destinations, thus opening new areas for tourism development. Improved access will boost tourist arrivals and catalyze private investment that would not occur without the proposed project investments. Upgrading climate and disaster-resilient rural roads will also allow local residents to transport agricultural products to market more efficiently, access education and health services, and improve road safety. The project will also upgrade a climate-resilient tourism port (Thung Nai port) located in Cao Phong district, 25 kilometers from Hoa Binh city. The upgraded port will improve water transport and recreation services on the Hoa Binh reservoir. One cross-river bridge will be built to relieve the growing traffic in Hoa Binh city and improve the connectivity with the existing northern provincial networks.

The project will also (i) develop a database of hotel and accommodation facilities and tourism activities in the project area, explore the use of existing digital platforms, and support the digital transformation of micro, small and medium enterprises (MSMEs) in upgrading digital technology; (ii) identify appropriate digital technology solutions and assist MSMEs to identify and establish suitable digital systems; and (iii) provide relevant training for the MSMEs to market tourism services using online digital platforms.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Responsible ADB Officer: Do, Hoang Nhat

Responsible ADB Officer: Southeast Asia Department

Responsible ADB Division: Viet Nam Resident Mission (VRM)

Executing Agencies: Hoa Binh Provincial People's Committee

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.

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How it works