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Project Information
Bank: Asian Development Bank
Environmental Category: B
Country: Papua New Guinea
Region: East Asia and the Pacific
Approval Date: Sept. 1, 2020
Investment Types: Equity
Total Project Cost: USD 25.0 million
Total Complaints: 1
Description
ATH, with its subsidiary Vodafone Fiji Limited (VFL) is the Pacific's second largest regional telecoms company. Over the last five years, ATH has successfully expanded from base in Fiji into five other Pacific countries and is now launching into Papua New Guinea, the region's largest yet least served telecoms market. The purpose of this project is to enhance and expand the provision of mobile, internet and broadband services in PNG, by enabling ATH's $400 million telecommunications venture in PNG.
Investments
| Investment Type | ID | Amount | Status | Bank | Client |
|---|---|---|---|---|---|
| Equity | Unknown | USD 25.0 million | Planned | ADB |
Related Complaints
| Asian Development Bank SPF CRP Complaints | IAM | Country | Date Filed | Status |
|---|---|---|---|---|
| Pacific Telecommunications Modernization Project | ADB SPF CRP | Papua New Guinea | 06/07/2021 | Closed Without Outputs |