Cambodia: Fourth Greater Mekong Subregion Corridor Towns Development Project (ADB-50099-002)

Countries
  • Cambodia
Where the impacts of the investment may be experienced.
Specific Location
Kampong Cham, Kratie, and Stung Treng
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
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.
Voting Date
Aug 1, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Cambodia
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Law and Government
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 80.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 88.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 31, 2019

Disclosed by Bank Jun 19, 2016


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Project Description

According to the bank document, the project will improve urban services and enhance regional economic connectivity in provincial capital towns of Kampong Cham, Kratie, and Stung Treng along the Greater Mekong Subregion (GMS) Central Corridor in Cambodia. The project will finance key urban environmental infrastructure and enhance institutional effectiveness with a focus on private sector engagement and information and communication technology-based public management systems, and the policy and planning environment for regional economic connectivity.

Investment Description
  • Asian Development Bank (ADB)

Grant - Asian Development Fund US$ 1.50 million

Grant - The Republic of Korea e-Asia and Knowledge Partnership Fund US$ 0.5 million

Loan - Asian Development Fund US$ 78.50 million

Counterpart US$ 8 million

Contact Information

Responsible ADB Officer Swain, Wei Kim
Responsible ADB Department Southeast Asia Department
Responsible ADB Division Urban Development and Water Division, SERD

Executing Agencies

Ministry of Public Works and Transport
Email: PSOVICHEANO@ONLINE.COM.KH

Address: 4th Floor Eastern Building
Corner Norodom Boulevard Street 106
Phnom Penh, Cambodia

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