Transport Project Readiness Facility (ADB-58428-001)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • Solomon Islands
Geographic location where the impacts of the investment may be experienced.
Specific Location
Greater Honiara
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
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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, 2025
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
Government of the Solomon Islands - Ministry of Finance and Treasury
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
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 4.00 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)
$ 4.20 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 Apr 24, 2026

Disclosed by Bank Dec 16, 2025

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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 PRF will support transport modeling and planning to assess potential transportation and land-use scenarios, considering solutions that accommodate all users. It will undertake preparatory activities for the ensuing projects by preparing feasibility studies, including sector, environmental, social safeguards, and climate risk and vulnerability assessments; gender analysis; economic and financial analyses; financial management and poverty and social assessments; detailed engineering designs; bidding documents, including advance procurement actions and other related procurement support; and other required due diligence documents. The selection criteria, which include references to the documents and parameters, will be reconfirmed after the Honiara traffic modeling exercise is completed. In addition, output 1 will integrate disaster resilience measures in the design to address both climate-related (e.g., flood-resilient bridges and cyclone-proof drainage) and non-climate-related risks, thereby strengthening the project's long-term resilience and sustainability.

The proposed PRF will finance project pre-implementation capacity building, such as on-the-job training and knowledge sharing, for the implementing agency of the ensuing projects and other related agencies.

Traffic congestion in Greater Honiara is worsening, causing serious problems for civil life and industrial activities. Undertaking long-term transport improvement activities for Greater Honiara and contributing to the sustained development of transportation infrastructure, especially roads and bridges, is a government priority, with a view to improving travel convenience and the efficiency of economic activities. The project readiness financing (PRF) will support feasibility studies, engineering designs, procurement, and preparatory work for the development of an alternate corridor to enhance connectivity, reduce bottlenecks, and strengthen resilience.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The activities consist solely of consulting services and do not include piloting works; therefore, they are not subject to ADB's Safeguard Policy Statement (SPS 2009) safeguards classification.

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

Project financing amount: US$4.2 million
ADB grant financing: US$4.0 million
Government financing: US$0.2 million


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.

For the Recipient:

Ministry of Finance and Treasury
P.O. Box 26
Honiara, Solomon Islands
Facsimile Number: (677) 27855

For ADB:

Asian Development Bank
6 ADB Avenue
Mandaluyong City
1550 Metro Manila
Philippines
Facsimile Numbers: (632) 8636-2444

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