Project Data Sheet

Project Data Sheets (PDS) contain summary information on the project or program: Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

PDS Creation Date
PDS Updated as of 26 Aug 2008

Project Name Housing Sector Finance
Country Mongolia
Project/Program Number 32017-012
Status Approved
Geographical Location
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
Sector and/or Subsector Classification Finance
/ Housing Finance
Thematic Classification
Gender Mainstreaming Categories

Financing

Type/Modality of Assistance Approval Number Source of Funding Approved Amount (thousand)
Technical Assistance3406-0
TOTAL US$ 0

Summary of Environmental and Social Issues

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation and Consultation

During Project Design
During Project Implementation

Description

The TA will prepare a project that is suitable for ADB funding and will promote a sustainable, market-based system for delivery of housing finance to meet the borrowing needs of low- and middle-income households. In doing so, the TA will support the Government's goals for the housing sector as set out in the Housing Law (April 1999): (i) creating conditions whereby citizens can provide themselves with adequate housing that meets health and safety requirements; (ii) developing and implementing housing and associated infrastructure based on basic market requirements; (iii) encouraging the involvement and increasing the responsibilities of the private sector in planning, construction, maintenance, and repair of housing and its infrastructure; and (iv) developing the ger areas into comfortable housing areas. The TA will include (i) formulating financial and management criteria for the selected PCBs; (ii) conducting detailed financial and operational analyses of the PCBs; (iii) undertaking financial and operational analyses of selected SCCs, small-scale contractors, and other prospective borrowers; (iv) undertaking a detailed socioeconomic survey to estimate demand for housing loans, household affordability, and priority for infrastructure works including ger areas; (v) conducting a detailed survey of small-scale contractors, including their capacity to borrow and expand operations; (vi) defining collateral requirements and drafting relending and on-lending terms for the HDF; (vii) designing a performance management system program for the Project; (viii) assessing the potential impact of the HDF on urban poverty reduction including detailed poverty impact analysis; (ix) assessing NGOs' willingness to participate in the Project; (x) comprehensively assessing the regulatory environment related to housing finance; and (xi) assessing in detail the credit risks relating to subloan operations and measures to cope with such risks.

Project Rationale and Linkage to Country/Regional Strategy

Development Impact

Project Outcome

Description of Outcome
Progress Towards Outcome

Outputs and Implementation Progress

Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Status of Development Objectives
Material Changes

Business Opportunities

Date of First Listing 2007 Jan 08
Consulting Services
International and domestic consultant firms will be engaged to provide a total of 39 person-months of consultant services, comprising 15 person-months of international and 24 person-months of domestic consulting services. Consultants will be selected in accordance with the Bank's Guidelines on the Use of Consultants. The expertise of the international consultants will include a housing finance/micro-credit specialist, who will be the Team Leader of the TA, a housing/commercial banking specialist, an urban poverty/institutional development specialist and an urban planner/HAAP development specialist. The expertise of the domestic consultants will include a finance/commercial banking specialist, a savings/credit cooperative specialist, a community development specialist and an urban poverty specialist, the latter to work with a socioeconomic survey team to determine the extent of urban poverty.
Procurement
Procurement of equipment for the TA will be undertaken in accordance with the Bank's Guidelines for Procurement.
Procurement and Consulting Notices
http://www.adb.org/projects/32017-012/business-opportunities

Timetable

Concept Clearance
Fact-finding 04 Oct 1999 to 08 Oct 1999
Management Review Meeting
Approval 02 Mar 2000
Last Review Mission

Milestones

Approval No. Approval Signing Effectivity Closing
Original Revised Actual
Technical Assistance 3406 02 Mar 2000 24 Mar 2000 24 Mar 2000 30 Sep 2001

Utilization

Date Approval Number ADB (US$ thousand) Others (US$ thousand) Net Percentage
Cumulative Contract Awards
Cumulative Disbursements

TA Amount (US$ thousand)

Approval Number Approved Amount Revised Amount Total Commitment Uncommitted Balance Total Disbursement Undisbursed Balance
Technical Assistance 3406 600 600 597 3 597 3

Contacts and Update Details

Responsible ADB Officer Sangay Penjor (spenjor@adb.org)
Responsible ADB Department East Asia Department
Responsible ADB Divisions Urban and Social Sectors Division, EARD
Executing Agencies Ministry of Infrastructure and Development (MID)
B.Batjav, Chief, Dept for Coord and Policy Impl

Links

Project Website http://www.adb.org/projects/32017-012/main
List of Project Documents http://www.adb.org/projects/32017-012/documents