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 05 Feb 2014

Project Name Public-Private Partnership Support Project - Additional Cofinancing
Country Viet Nam
Project/Program Number 44507-003
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 Public sector management
/ Public Administration
Thematic Classification Private sector development
Gender Mainstreaming Categories

Financing

Type/Modality of Assistance Approval Number Source of Funding Approved Amount (thousand)
Loan8273Agence Francaise de Developpement10,000
TOTAL US$ 10,000

Safeguard Categories

For more information about the safeguard categories, please see http://www.adb.org/site/safeguards/safeguard-categories

Environment C
Involuntary Resettlement C
Indigenous Peoples C

Summary of Environmental and Social Issues

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation and Consultation

During Project Design
During Project Implementation
There is no change to the implementation arrangements for the project. The MPI will be the executing agency in collaboration with the PPP task force and other government ministries and agencies involved in PPP. The task force, chaired by the MPI and comprising the Ministry of Finance, Ministry of Justice, Ministry of Industry and Trade, Ministry of Transport, Ministry of Construction, State Bank of Viet Nam, and other relevant agencies, was established in mid-January 2011 to provide overall guidance to the government s PPP piloting initiative. The task force is being restructured to allow more senior representation of the ministries, which will enable it to function more effectively as an inter-ministerial coordination body for PPP. The task force will have high-level oversight of the PDF and will be the mechanism for coordination of line ministries on the use of the PDF. A dedicated project management unit will be established with staff assigned from the PPP office of the MPI for day-to-day management of the PDF under the project. The unit will be supported by a team of national and international experts on PPP who will be funded by the project. The estimated completion date continues to be June 2019.

Description

Agence Fran?aise de D?veloppement (AFD) has agreed to provide a cofinancing loan of ?8 million (equivalent to $10 million) that will be used to fund the PDF. AFD and the government signed the loan agreement on 9 April 2013. The additional financing from AFD will be used to expand the scale of the PDF, and is consistent with project development objectives, government priorities, and ADB s current country partnership strategy . A cofinancing agreement between ADB and AFD now needs to be prepared, setting out the administration arrangements for the facility.

Project Rationale and Linkage to Country/Regional Strategy

The AFD cofinancing was initially part of the project concept, but at the time of ADB loan negotiations the government had not secured internal clearance to borrow from AFD. Therefore, AFD cofinancing was not included in the report and recommendation of the President for the project. AFD has completed negotiations with the government and signed an agreement for an ?8 million loan on 9 April 2013 under its sovereign loan conditions. The AFD loan will fund the PDF, and it will be administered by ADB under a proposed cofinancing agreement on a joint basis. Interest on the AFD loan has been computed at 2.38% per annum as per standard AFD-subsidized loan conditions (PS2). This cost will be directly borne by the government and will not be drawn from the loan proceeds. AFD will provide retroactive financing for project development expenses already incurred by the Authorised State Agencies or People s Committees subject to the latter following the prescribed procedure detailed in the procurement plan. The retroactive financing amount shall not exceed 20% of the respective AFD loan amount and shall be for eligible expenses incurred within 12 months before loan signing.

Development Impact

Increased private sector investment in infrastructure

Project Outcome

Description of Outcome
Stronger government capacity to catalyze PPPs and infrastructure investments
Progress Towards Outcome

Outputs and Implementation Progress

Description of Project Outputs
Institutional mechanisms for developing bankable PPP projects established More robust PPP enabling framework and stronger institutional capacity for PPP
Status of Implementation Progress (Outputs, Activities, and Issues)
Status of Development Objectives
Material Changes

Business Opportunities

Date of First Listing 2013 Nov 25
Consulting Services
1 Consulting services 13,171,000 1A PDF technical team international consultants 1,317,000 63.5% of total expenditure claimed 1C Project development 11,854,000 67.7% of total expenditure claimed Total 13,171,000
Procurement
Procurement and Consulting Notices
http://www.adb.org/projects/44507-003/business-opportunities

Timetable

Concept Clearance
Fact-finding
Management Review Meeting
Approval
Last Review Mission

Milestones

Approval No. Approval Signing Effectivity Closing
Original Revised Actual
Loan 8273 11 Jul 2012 09 Apr 2013 09 Apr 2013 30 Jun 2018

Utilization

Date Approval Number ADB (US$ thousand) Others (US$ thousand) Net Percentage
Cumulative Contract Awards
19 Apr 2014 Loan 8273 0 0 0.00%
Cumulative Disbursements
19 Apr 2014 Loan 8273 0 0 0.00%

Status of Covenants

Covenants are categorized under the following categories—audited accounts, safeguards, social, sector, financial, economic, and others. Covenant compliance is rated by category by applying the following criteria: (i) Satisfactory—all covenants in the category are being complied with, with a maximum of one exception allowed, (ii) Partly Satisfactory—a maximum of two covenants in the category are not being complied with, (iii) Unsatisfactory—three or more covenants in the category are not being complied with. As per the 2011 Public Communications Policy, covenant compliance ratings for Project Financial Statements apply only to projects whose invitation for negotiation falls after 2 April 2012.

Approval No. Category
Sector Social Financial Economic Others Safeguards Project Financial Statements
Loan 8273

Contacts and Update Details

Responsible ADB Officer Bob Finlayson (bfinlayson@adb.org)
Responsible ADB Department Southeast Asia Department
Responsible ADB Divisions Public Management, Financial Sector and Trade Division, SERD
Executing Agencies

Links

Project Website http://www.adb.org/projects/44507-003/main
List of Project Documents http://www.adb.org/projects/44507-003/documents