Rural Connectivity Improvement Project - Additional Financing | Accountability Console
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Rural Connectivity Improvement Project - Additional Financing

Sectors

Agribusiness

Description:

Projects in this Sector: 80

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Community capacity and development

Description:

Projects in this Sector: 82

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Issues Raised

Unknown

Description:

Projects with this Issue Raised: 727

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Project Information

Investment ID: TA 10113-NEP, Loan 4320-NEP

Bank: Asian Development Bank

Environmental Category: B

Country: Nepal

Region: South Asia

Approval Date: June 13, 2023

Investment Types: Advisory services, Loans

Total Project Cost: USD 101.0 million

Total Complaints: 1

Description

The overall project is estimated to cost $255.72 million, including additional financing of $120.00 million, of which ADB is providing a concessional loan of $100.00 million from ADB's ordinary capital resources. The government will finance $20.00 million of the proposed additional financing project. The attached TA is estimated to cost $1.00 million, which will be financed on a grant basis by ADB's Technical Assistance Special Fund. The impact and outcome of the overall project will remain unchanged from those of the ongoing project. The proposed additional financing will scale up the current output 1 by an additional 324 km of rural roads and output 2 by increasing capacity support to fulfill the roles and responsibilities in a federal system.

Related Complaints

Implementers

Name Complaints Dispute Resolutions DR Successful Compliance Reviews Non-Compliance
Ministry of Urban Development, Nepal