Industry, Services, and the Future of Development in Asia (ADB-57069-001)

Regions
  • East Asia and Pacific
  • Europe and Central Asia
  • South Asia
Geographic location where the impacts of the investment may be experienced.
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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
C
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."
Voting Date
Dec 15, 2023
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Regional
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Industry and Trade
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.85 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.
Project Cost (USD)
$ 0.85 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 Feb 28, 2024

Disclosed by Bank Dec 15, 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 proposed knowledge and support technical assistance (TA) will broaden and deepen our understanding of the drivers of development and growth in the region. It will achieve this objective by creating knowledge products at Asian Development Bank (ADB) headquarters, engaging in capacity-building workshops in developing member countries (DMCs), contextualizing policy recommendations, and disseminating research.

Building on the findings of previous ADB studies and TAs on structural transformation, this TA will fill important knowledge gaps on the determinants and effects of growth-enhancing structural change in developing Asia. Special attention will be given to the links between the process of structural transformation and cross-country variation in key development trends including in growth, inequality, and poverty. The activities under the TA are expected to contribute to the growing economic literature on economic transformation, premature deindustrialization, and services-led growth. As such, the TA's outputs will add to the body of economic development research and knowledge within the Economic Research and Development Impact (ERDI) Department. In so doing, the TA will inform and enhance policy dialogue between ADB and its DMCs. The TA's up-to-date economic analysis will also serve as a basis for contextualized policy solutions, strengthening the design of DMC-specific growth and development strategies.

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

The TA financing amount is $850,000, which will be financed on a grant basis by ADB’s Technical Assistance Special Fund ($500,000 from TASF 7; $350,000 from TASF-other sources).


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.

No contacts available at the time of disclosure.

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.

How it works

How it works