Second Bridges Improvement and Maintenance Program (WB-P161929)

Countries
  • Nepal
Geographic location where the impacts of the investment may be experienced.
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
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
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
Sep 26, 2018
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.
Borrower
Government of Nepal
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 133.00 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.
Project Cost (USD)
$ 196.01 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 26, 2018

Disclosed by Bank Jan 1, 2013

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Contact the EWS Team

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.

According to the bank documents, the project objective is "to provide safe, resilient, and cost-effective bridges on Nepal's Strategic Roads Network. The project is a 'hybrid' operation, which includes both Program-for-Results (PforR) and Investment Project Financing (IPF) components. Developing and/or maintaining bridge infrastructure in the Strategic Roads Network under the Bridge Branch, as set forth in the Bridge Policy and Strategy, including: (a) providing road safety upgrades on existing bridges; (b) constructing new bridges; (c) completing bridges under construction; (d) major bridge maintenance; and (e) carrying out bridge designs, site assessments, feasibility studies, quality monitoring,environmental and social impact management, and providing logistics support, for the Program, as required for the preparation and supervision of civil works."

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Co-financing:
Borrower US$ 63 million


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.
World Bank
Dominic Pasquale Patella
Sr. Transport Specialist
Tel: +1 (202) 458 4619
Email: dpatella@worldbank.org

Oceane Keou
Transport Specialist
Tel: +1 (202) 473 7130
Email: okeou@worldbank.org

Borrower
Mr.Shreekrishna Nepal
Joint Secretary, International Economic Cooperation Coordination Division
Tel: +977 4211837
Email: ieccd@mof.gov.np

Implementing Agencies
Mr.Rabindra Nath Shrestha
Director General, Department of Roads
Tel: +977 15529075

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 .

How it works

How it works