Health Services Sector Development Program, Subprogram 1 (Additional Financing) (ADB-51035-004)

Countries
  • Papua New Guinea
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
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
Jun 14, 2019
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
Government of Papua New Guinea
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Grant Amount (USD)
$ 38.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 11, 2020

Disclosed by Bank Jun 18, 2019


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Project Description

According to bank documents, "the Health Services Sector Development Program (HSSDP) in Papua New Guinea (PNG) was approved by the Asian Development Bank (ADB) on 30 May 2018 and combines a $100.0 million policy-based operation (subprogram 1) and a $95.0 million project investment to support whole-of-government and sector policy reforms with health sector investments. The project duration is 7 years and expected to close in 30 May 2025. Two additional policy-based loans of $100.0 million each (subprograms 2 and 3) will be processed separately in 2019 and 2020. The existing HSSDP project investment is on track with both the project manager and project finance and procurement specialist recruited together with key experts. The project steering group has identified the locations for the two district hospitals (level 4) and six health centers (level 3) for upgrade under the project. The first two health centers are expected to be contracted in the first half of 2020 along with the consulting firms for medical supplies and digital health."

Investment Description
  • Asian Development Bank (ADB)

Co-financing:

Government of Australia US$ 38 million

Contact Information

Responsible ADB Officer Inez Mikkelsen-Lopez
Responsible ADB Department Pacific Department
Responsible ADB Division PASP
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

Department of Health
Ruta Place Gordons PO Box 353-Gordons, NCD
Department of Treasury
6/F The Treasury Building, Lamana Road
P.O Box 542, Waigani Drive, NCD
Papua New Guinea

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