South Asia Subregional Economic Cooperation Dhaka-Northwest Corridor Road Project, Phase 2 (Tranche (ADB-40540-018)

Countries
  • Bangladesh
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
Proposed
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of Bangladesh
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 400.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 30, 2019

Disclosed by Bank Sep 13, 2019


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Project Description

According to the bank website, The proposed project "will improve the road connectivity of the Dhaka Northwest international trade corridor. The project will deliver three outputs: (i) Output 1: Elenga Hatikamrul Rangpur Road of the Dhaka Northwest international trade corridor upgraded; (ii) Output 2: RHD's institutional capacity in road operation and management enhanced; and (iii) Output 3: road safety and gender-responsive features strengthened, and the cost overrun financed for Joydeypur Chandra Tangail Elenga Road of the Dhaka Northwest international trade corridor under ADB-funded SASEC Road Connectivity Project. Since time-slicing MFF is arranged for the project, the project outputs will be achieved only when all of the phased tranches have been completed. Tranche 2 will finance the below works and services in relation to Outputs 1 and 2, and will not finance Output 3.

(i) Output 1: Elenga Hatikamrul Rangpur Road upgraded. Tranche 2 will finance the second slice of the expenditures related to works for upgrading of the Elenga Hatikamrul Rangpur Road (190 km) of the Dhaka Northwest international trade corridor from 2-lane carriageways to 4-lane carriageways and 2 slow-moving vehicular traffic (SMVT) lanes, and finance the first slice of the expenditures in relation to works for construction of Hatikamrul Interchange.

(ii) Output 2: RHD's institutional capacity in road operation and management enhanced. Tranche 2 will finance the first slice of the expenditures related to works for (a) construction of road research and training center (RRTC) to enhance institutional capacity of RHD, and (b) establishment of road operation units (ROU) for road operation and management, and finance consulting services for traffic data collection and transport model development to update the Road Master Plan in connection with the attached TA."

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Yasushi Tanaka
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies Roads and Highways Department
Sarak Bhaban
Tejgaon, Dhaka-1208
Bangladesh

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