This project is still under review by the EWS. Project information and/or project analysis may be incomplete.
Central Asia Regional Economic Cooperation Corridors 1 and 3 Connector Road Project Design Advance (ADB-48401-006)

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
Active
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
Jun 2, 2015
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.
Investment Amount (USD)
$ 3.00 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.
Primary Source

Original disclosure @ ADB website

Disclosed by Bank Mar 23, 2017


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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.
DESCRIPTION A PDA grant for $3 million will support the detailed engineering design for the project and external financial audit of the PDA account. The PDA is not listed in the country operations business plan for 2015_2017 and will follow approval and reporting procedures laid out for PDA financing not listed in the current year's plan. The PDA is proposed to be financed from ADB's Special Funds resources and is the first PDA grant for the project. PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY The PDA will fund (i) the engineering consultant recruited to prepare the detailed design and advance procurement actions of the project, and (ii) the financial audit firm required for auditing the use of the PDA. The PDA will allow the government to complete the detailed engineering design before the proposed project become effective. Once the ensuing financing becomes effective, the civil works contract will be either almost ready to be awarded or already awarded. The PDA will allow about 2 years of time saving from the grant effectiveness to contractor mobilization during the initial phase of implementation. IMPACT Enhanced regional connectivity and trade via CAREC Corridors 1 and 3 connector road. CONSULTING SERVICES All consulting services to be financed will be recruited following ADB's Guidelines on the Use of Consultants. PROCUREMENT All goods and works to be financed will be recruited following ADB's Procurement Guidelines.
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.
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