NP: Additional Financing Earthquake Housing Reconstruction (WB-P163593)

Countries
  • Nepal
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
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
Dec 15, 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 Nepal
The holder of the loan, grant, or other investment.
Sectors
  • Construction
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.
Loan Amount (USD)
$ 300.00 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)
$ 300.00 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 Jan 3, 2018

Disclosed by Bank Feb 1, 2016


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Project Description
The development objective of the Earthquake Housing Reconstruction Project for Nepal is to restore affected houses with multi hazard resistant core housing units in target areas and to enhance the government's ability to improve long-term disaster resilience.
Investment Description
  • World Bank (WB)
Contact Information
PROJECT CONTACTS World Bank Contact:Kamran Akbar Title: Senior Disaster Risk Managemen Contact: Hemang D. Karelia Title: Operations Officer Borrower/Client/Recipient Name: Ministry of Finance Contact: Jules Cesaire YAGANZA Title: Secretary Email: moev@mof.gov.np Implementing Agencies Name: National Reconstruction Authority Contact: Govinda Pokharel Title: Chief Executive Office Email: ceo@nra.gov.np 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.