Tuvalu Aviation Investment Project Additional Finance III (WB-P163856)

Countries
  • Tuvalu
Where the impacts of the investment may be experienced.
Specific Location
Fongafale
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
Active
Bank Risk Rating
U
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
Nov 16, 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 Tuvalu
The holder of the loan, grant, or other investment.
Sectors
  • Communications
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 8.75 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)
$ 8.75 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 Dec 15, 2017

Disclosed by Bank Aug 1, 2017


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Project Description
According to the bank documents, the proposed additional financing is necessary to finance: (i) design and construction of emergency repairs addressing pavement defects on Funafuti runway. These failures have resulted from water pressure under the recently paved runway and will see sub-runway venting drains installed and possibly pumps; (ii) the supervision cost for the runway civil works and construction of the flight services center and fire tender shelter—including through the defect liability period; (iii) ongoing monitoring of the impact of the civil works on the sub-runway water pressures; (iv) a budget shortfall under the parent project due to foreign exchange fluctuations and higher than anticipated supervision costs; and, (v) enhanced GBV and VAC prevention activities, OHS and ESMP monitoring tools and trainings for civil works contractors.
Investment Description
  • World Bank (WB)
Contact Information
Implementing Agencies Name:Ministry of Transport and Communications Contact:Vitoli Iosefa Title:PST Manager Email:faaoga@gmail.com 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.