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: 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.
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, etc.
Investment Amount (USD): $ 500.00 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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Rajasthan State Highway Investment Program
The proposed Investment Program will improve the transport efficiency and safety on the state highways of Rajasthan, by improving around 2,000km of state highway and major district roads to 2-lane or intermediate-lane standards and meeting the road safety requirements, and enhancing the capacity of Rajasthan PWD in its business process of PPP division and a project performance monitoring system. Ultimately, the Investment Program will improve the access to social and economic activities in Rajasthan.
PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY
Rajasthan is the largest state of India covering about 10% of total area of the country and having a population of about 68.6 million, nearly 5% of the total population of India. It is one of the low income states of India. About 75% of the state's population is rural and mainly depends on agriculture for its livelihood. Per capita development cost in the state is very high due to the widely dispersed population. Road density in Rajasthan is only about 60 km per 100 sq. km, compared to the national average of 110. Years of under-investment and inadequate maintenance left many of the State Highways and MDRs in poor condition.
Good quality connectivity in all areas provided.
Efficiency and safety of transport on the state highways of Rajasthan improved.
Consulting firms and individual consultants will be selected to assist the project implementation unit in project management, contract administration, and capacity development programs. Contractors will be selected for civil works.
All procurement of goods and works will be undertaken in accordance with ADB's Procurement Guidelines (April 2015, as amended from time to time). All consultants will be recruited according to ADB's Guidelines on the Use of Consultants (2013, as amended from time to time). Advance contracting and retroactive financing will be considered and used to expedite the project implementation. Time-slice financing approach will be adopted as required.
- Asian Development Bank (ADB)
MFF Facility Concept: Rajasthan State Highway Investment Program
Ordinary capital resources US$ 500.00 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 Chen, Chen
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Government of Rajasthan
Main Building, Secretariat, Jaipur-302 005, India
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