Jamuna River Economic Corridor Development Program (WB-P172499)

Countries
  • Bangladesh
Geographic location where the impacts of the investment may be experienced.
Specific Location
Jamuna river
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
Proposed
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
Aug 31, 2021
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 Bangladesh
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Industry and Trade
  • Water and Sanitation
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)
$ 75.00 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)
$ 100.00 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Dec 12, 2020

Disclosed by Bank Oct 29, 2020

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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's documents, the proposed project will create a navigation channel in Jamuna River in the 205 km stretch between Sirajganj and the Indian border, and to create river-based opportunities for economic growth.

"The first phase will focus on four components: (1) Riverbank protection and river training: pilot-level, scaled-down river training structures, such as temporary top-blocked permeable groins and riverbank revetments (revetment by geo-bags, concrete cubes etc.), 2D and 3D modeling, and onsite pilots of new river training technology (e.g. permeable groins) that may be scaled up in the program next phases; (2) Navigation channel development: hydrographic survey and chart updating, aids to navigation, preparation of a Jamuna River Navigation Master Plan and a Resource Management and Operation Plan; (3) Disaster risk financing: Risk financing solutions with clear triggers and preidentified disbursement channels will be developed through a grant from the Global Risk Financing Facility (GRiF). Phase 1 will set up the Government’s chosen instrument for disaster risk financing; and (4) Institution building and project management: developing a DSS, establishing a Bilateral Navigation Facilitation Committee, delivering core training to key government officials on innovations in river training, dynamic navigation, E&S (including capacity building of the IAs), and collaboration. Program management activities on fiduciary, E&S, and O&M will be supported as well.

Phase 2 will scale up all the four components of Phase 1, specifically: (a) scaling up the river protection/training works based on the testing performed at pilot level in Phase 1; and (b) introducing financing for performance-based dredging contracts, informed by the aids to navigation from Phase 1, and based on lessons learned from ongoing dredging contracts in Jamuna (India-Bangladesh Line of Credit) as well as from other dredging contracts piloted elsewhere (e.g. Bangladesh Regional Waterway Transport Project 1, which currently finances dredging in Chittagong-Dhaka-Ashuganj IWT Corridor and associated routes)"

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

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
Ahmed Shawky M. Abdel Ghany, Senior Water Resources Management Specialist
+1-202-473-1712, ashawky@worldbank.org
Ye-Rin Um, Financial Specialist
+1-202-458-5808, yrum@worldbank.org
Rajesh Rohatgi, Senior Transport Specialist
5764+4214, rrohatgi@worldbank.org

Borrower:
Ministry of Finance

Implementing Agency:
Ministry of Water Resources

ACCESS TO INFORMATION

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ACCOUNTABILITY MECHANISM OF THE 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. Information on how to file a complaint and a complaint request form are available at: https://www.inspectionpanel.org/how-to-file-complaint

How it works

How it works