Outer Island Maritime Infrastructure Project (Second Additional Financing) (ADB-48484-005)

Countries
  • Tuvalu
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
B
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 Tuvalu
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • 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, etc.
Investment Amount (USD)
$ 20.00 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 Sep 3, 2020

Disclosed by Bank Jul 9, 2020


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Project Description

According to the bank's website, "Tuvalu is one of the smallest and most remote ADB member countries with a dispersed geography that imposes challenges in transport and economic development. Outer islands have no harbors for the government ships and small workboats ferry passengers and cargo from ship to shore. ADB has been providing financing assistance to Tuvalu to construct small workboat harbor in two outer islands (Nukulaelae and Niutao). The government has requested additional financing to construct an additional small workboat harbor in a different outer island (Nui). The proposed additional financing is (i) consistent with the project rationale, extending the project benefits to the outer island of Nui; and (ii) is included in the country operations business plan (COBP), 2020-2022 of the ADB."

The project's outcome is "Maritime transfer operations in Nanumaga, Nui, Niutao, and Nukulaelae improved, anchored on a transport master plan, with a view to promoting fisheries and tourism."

The project's outputs are:

  • Small-scale harbors constructed in Nui, Niutao, and Nukulaelae, and boat ramps in Nanumaga and Niutao rehabilitated.
  • Capacity to operate and maintain harbors improved, involving the outer island communities, the MTET, and other national government agencies.
  • A transport sector master plan for future harbor development in the outer islands created, with a view to promote fisheries and tourism.
Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Gonzalez Jimenez, Juan Francisco
Responsible ADB Department Pacific Department
Responsible ADB Division PATC
Executing Agencies Ministry of Finance (formerly Ministry of Finance and Economic Development)
Vaiaku, Funafuti, Tuvalu

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