Upgrade of Kaliningrad Sea Port Project (NDB-upgradeofkaliningrads)

Countries
  • Russia
Where the impacts of the investment may be experienced.
Specific Location
Kaliningrad
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
  • New Development Bank (NDB)
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
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
Mar 25, 2020
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
Russian Federation
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Infrastructure
  • 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)
$ 0.40 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)
$ 0.47 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 @ NDB website

Updated in EWS Aug 18, 2020


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Project Description

According to the NDB's website, this project provides technical assistance to support upgrades to the Kaliningrad Sea Port which will include increases to the current depth and width of the Canal and construction of sea-side and land-side infrastructure to accommodate increases in cargo handling.

Investment Description
  • New Development Bank (NDB)
Contact Information

NDB
Project Team Leader: Igor Zakharov
Email: operations_2@ndb.int 

Recipient
Adviser to the Head Representative Office of the Kaliningrad Region Government under the Government of the Russian Federation: Alexander Sharyshev
Email: www.msk.gov39.ru

ACCESS TO INFORMATION
You can submit an information request for project information through a form at the bottom of the following webpage https://www.ndb.int/about-us/contact-us/. Alternatively, you can send an e-mail to info@ndb.int

ACCOUNTABILITY MECHANISM OF NEW DEVELOPMENT BANK
The New Development Bank (NDB) does not currently have an independent accountability mechanism to accept complaints related to NDB-financed projects. The Bank does have a whistleblower mechanism that receives complaints about misconduct related to corruption, fraudulent practices and instances of money laundering in projects financed by the NDB and/or against the NDB staff members. To learn more about the whistleblower mechanism and how to file a complaint, access this webpage at: https://www.ndb.int/about-us/whistleblowing/.