Central Highlands Connectivity Improvement Project (WB-P159238)

Countries
  • Vietnam
Where the impacts of the investment may be experienced.
Specific Location
The National Highway 19, Central Highlands-Central Coast corridor
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
  • World Bank (WB)
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 22, 2017
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 Vietnam
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Construction
  • 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)
$ 150.00 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)
$ 153.70 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 @ WB website

Updated in EWS Oct 26, 2017

Disclosed by Bank Dec 30, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
The project seeks to improve safe and climate-resilient road connectivity along the National Highway 19 Central Highlands-Central Coast corridor for the road users and local population in Vietnam". The project will be considered and engaged road safety and climate change situations. The Project will finance the following components: Component 1: Road Improvements (estimated cost of US$ 145m including contingencies). Component 2: Implementation Support (estimated cost of US$ 8.7m including contingencies) with following actions: Designing detailed plans for road, bridges, and bypass improvements, supervise the constructions, and monitor the safeguards aspects. Climate change impacts will be considered as the important key actor.
Investment Description
  • World Bank (WB)
Borrower 3.70 International Development Association (IDA) 150.00 Total Project Cost 153.70
Contact Information
Government of Vietnam Nguyen Ngoc Dong Vice Minister of Transport Email: dongnn_mot@yahoo.com Implementing Agencies Traffic Safety Projects Management Unit Le Thang Deputy Director of TSPMU Email: thangle73@yahoo.co.uk ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.