Where the impacts of the investment may be experienced.
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
- Asian Development Bank (ADB)
Bank Risk Rating: B
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.
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Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 151.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
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Regional Urban Development Project
The Regional Urban Development Project (the project) aims to improve livability and urban services in the municipalities of Attariya, Bhimdatta, Biratnagar, Birgunj, Dhangadhi, Jhalari-Pipaladi, Nepalgunj and Siddharthanagar in the Terai Region of Nepal through planning, infrastructure investments, and institutional strengthening.
The eight cities have high population growth rates, are severely lacking investment, and are experiencing a high level of environmental degradation. The project is also in line with ADB s Nepal Country Partnership Strategy (2013-2017), which supports the government s development objective of accelerated, sustainable, and inclusive economic growth, and with the Asian Development Bank s (ADB) water and urban operational plans.
PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY
The project impact is in line with the Thirteenth Plan (Three-Year Plan, FY2014-FY2016), which aims for safe, clean and prosperous cities with adequate infrastructure developed.
The outcome of the proposed project is livability and resilience in project municipalities improved and sustained by 2022. The outputs of the proposed project are (i) infrastructure constructed and/or upgraded in Attariya, Bhimdatta, Biratnagar, Birgunj, Dhangadhi, , Jhalari-Pipaladi, Nepalgunj, and Siddharthanagar, and (ii) Institutional, financial and management capacity of municipalities in delivering services improved or strengthened.
The ongoing ADB-financed Integrated Urban Development Project (IUDP) in Nepal strengthens gender equality and social inclusion at the central and municipal levels. The proposed project will use the tools and training materials developed under the IUDP and build the gender and social inclusion capacity of project municipalities.
Safe, clean and prosperous cities with adequate infrastructure developed
The outcome of the proposed project is livability and resilience in project municipalities improved and sustained by 2022.
Consulting services will be carried out using ADB's Consulting Guidelines (2013, as amended from time to time). Advance contracting and retroactive financing will be considered for project implementation and the requirement of various consulting packages shall be carefully reviewed by ADB during processing.
All procurement under the project shall be carried out using ADB's Procurement Guidelines (2013, as amended from time to time). Advance contracting and retroactive financing will be considered for project implementation and the requirement of various procurement packages shall be carefully reviewed by ADB during processing. Procurement packaging shall be carried out keeping in mind the scope, nature, market conditions, location of the project, and with due consideration to the economy and efficiency of the bidding processes.
- Asian Development Bank (ADB)
Loan: Regional Urban Development Project
Concessional ordinary capital resources / Asian Development Fund US$ 150.00 million
TA: Far Western Region Urban Development Project
Technical Assistance Special Fund US$ 1.00 million
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main
Responsible ADB Officer Castro-Wooldridge, Vivian
Responsible ADB Department South Asia Department
Responsible ADB Division Urban Development and Water Division, SARD
Ministry of Urban Development
Singhadurbar, Kathmandu, Nepal
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