Pakistan : Private Participation in Infrastructure Program I
The Private Participation in Infrastructure and Program (PPIP) aims to enhance economic growth through improved infrastructure services. The outcome will be enhanced private sector participation in infrastructure investment and maintenance to reduce the Government's fiscal burden and provide better infrastructure services to the population and enterprises. To achieve these objectives, Subprogram ! will (i) strengthen the enabling environment for PPI by addressing remaining policy, legal, regulatory, and institutional constraints to PPI and (ii) provide technical and financial support for PPI projects.
The PPIP is a cluster program that will consist of Subprogram 1 and Subprogram 2 (the design of which will depend on the outcome of Subprogram 1 and the Government s emerging priorities). A TA grant will support implementation of Subprogram 1 and capacity building initiatives required to support the Government's PPI initiatives over the medium-and long-term.
Project Details
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Project Officer
Settle, William Graham
Central and West Asia Department
Request for information -
Country/Economy
Pakistan -
Modality
-
Sector
- Finance
Project Name | Private Participation in Infrastructure Program I | ||||||||
Project Number | 36155-013 | ||||||||
Country / Economy | Pakistan |
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Project Status | Closed | ||||||||
Project Type / Modality of Assistance | Loan Technical Assistance |
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Source of Funding / Amount |
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Strategic Agendas | Inclusive economic growth |
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Drivers of Change | Governance and capacity development Private sector development |
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Sector / Subsector | Finance / Infrastructure finance and investment funds |
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Gender | No gender elements | ||||||||
Description | The Private Participation in Infrastructure and Program (PPIP) aims to enhance economic growth through improved infrastructure services. The outcome will be enhanced private sector participation in infrastructure investment and maintenance to reduce the Government's fiscal burden and provide better infrastructure services to the population and enterprises. To achieve these objectives, Subprogram ! will (i) strengthen the enabling environment for PPI by addressing remaining policy, legal, regulatory, and institutional constraints to PPI and (ii) provide technical and financial support for PPI projects. The PPIP is a cluster program that will consist of Subprogram 1 and Subprogram 2 (the design of which will depend on the outcome of Subprogram 1 and the Government s emerging priorities). A TA grant will support implementation of Subprogram 1 and capacity building initiatives required to support the Government's PPI initiatives over the medium-and long-term. By promoting PPI, the operation will help the Government to leverage more financial resources into infrastructure by using the private sector as an intermediary. This will help to fill the gap between (i) the infrastructure the Government can afford and (ii) the infrastructure needed for economic development and poverty reduction, as articulated under the Government's Medium Term Development Framework (MTDF). |
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Project Rationale and Linkage to Country/Regional Strategy | Infrastructure development is a key pillar of the Government s MTDF in recognition of its importance for sustaining economic growth and alleviating poverty. The MTDF acknowledges the necessity of PPI in infrastructure and utilities from the point of view of capital mobilization, but also in terms of ensuring efficiency and effectiveness. The Government is committed to promote PPI by addressing remaining political, legal, regulatory, and institutional contraints to PPI in priority sectors. Further, under the MTDF, the Government has approved specific development programs for the power, transport, and water sectors, which detail investment needs and include project pipelines for private (and public) investment. Recognizing that the Government is aiming for substantial increases in medium-term growth rates supported by infrastructure development, ADB s Country Strategy and Program Update 2006-2008 for Pakistan placed a renewed emphasis on infrastructure development encompassing a series of interventions in the sub-sectors of energy, transport, and communication, irrigation and water resource development, and urban development and renewal. |
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Impact | 1. Support sustainable economic growth 2. Reduce the fiscal burden on the Government by promoting private sector participation in infrastructure (PPI) investment and maintenance |
Project Outcome | |
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Description of Outcome | 1. Increased PPI investment and maintenance 2. Economic and development benefits to be derived from PPI projects in the power, transport, and water and other communal services subsectors . 3. Power: to deliver more reliable and affordable electricity nationwide and enhance the operational efficiency of the subsector. 4. Transport: to establish an efficient and well-integrated transport system with improved quality of services, reduced costs, and assured safety 5. Water: to resolve the shortage of water and ensure reliable drinking water supplies and sanitation. |
Progress Toward Outcome | |
Implementation Progress | |
Description of Project Outputs | 1. PPI Policy Task Force facilitates policy development 2. Comprehensive policy and regulatory framework for PPI established 3. Investor protection enhanced 4. Greater participation by private investors in the power subsector. 5. Policy, legal, regulatory, and institutional framework for PPI in the transport subsector established. 6. Opportunities for PPI in the port and railway subsectors generated. 7. PPI policy and an institutional framework for private participation in communal services developed. |
Status of Implementation Progress (Outputs, Activities, and Issues) | |
Geographical Location |
Safeguard Categories | |
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Environment | C |
Involuntary Resettlement | C |
Indigenous Peoples | C |
Summary of Environmental and Social Aspects | |
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Environmental Aspects | |
Involuntary Resettlement | |
Indigenous Peoples | |
Stakeholder Communication, Participation, and Consultation | |
During Project Design | |
During Project Implementation |
Business Opportunities | |
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Consulting Services | Not required |
Procurement | The loan proceeds will be used to finance the foreign exchange cost of items produced and procured in ADB member countries, other than the items specified in the negative list of ineligible items and imports financed by other bilateral and multilateral sources. |
Responsible ADB Officer | Settle, William Graham |
Responsible ADB Department | Central and West Asia Department |
Responsible ADB Division | Public Management, Financial Sector and Trade Division, CWRD |
Executing Agencies |
Ministry of Economic Affairs and Statistics Ministry of Economic Affairs, Economic Affairs Division |
Timetable | |
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Concept Clearance | 30 Jun 2005 |
Fact Finding | 23 Nov 2005 to 07 Dec 2005 |
MRM | 01 Mar 2006 |
Approval | 31 Oct 2006 |
Last Review Mission | - |
PDS Creation Date | 29 Jun 2006 |
Last PDS Update | 27 Oct 2010 |
Loan 2270-PAK
Milestones | |||||
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Approval | Signing Date | Effectivity Date | Closing | ||
Original | Revised | Actual | |||
31 Oct 2006 | 23 Nov 2006 | 19 Dec 2006 | 30 Jun 2010 | - | 28 Jun 2010 |
Financing Plan | Loan Utilization | ||||
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Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
Project Cost | 400.00 | Cumulative Contract Awards | |||
ADB | 400.00 | 17 Jun 2022 | 400.00 | 0.00 | 100% |
Counterpart | 0.00 | Cumulative Disbursements | |||
Cofinancing | 0.00 | 17 Jun 2022 | 400.00 | 0.00 | 100% |
Status of Covenants | ||||||
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Category | Sector | Safeguards | Social | Financial | Economic | Others |
Rating | Partly satisfactory | Satisfactory | - | Satisfactory | - | - |
TA 4861-PAK
Milestones | |||||
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Approval | Signing Date | Effectivity Date | Closing | ||
Original | Revised | Actual | |||
31 Oct 2006 | 29 Dec 2006 | 29 Dec 2006 | 31 Oct 2009 | 30 Sep 2010 | 11 Apr 2011 |
Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
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ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
Gov | Beneficiaries | Project Sponsor | Others | |||||
1,000,000.00 | 0.00 | 320,000.00 | 0.00 | 0.00 | 0.00 | 1,320,000.00 | 17 Jun 2022 | 286,018.62 |
Status of Covenants | ||||||
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Category | Sector | Safeguards | Social | Financial | Economic | Others |
Rating | Partly satisfactory | Satisfactory | - | Satisfactory | - | - |
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.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
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Title | Document Type | Document Date |
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Private Participation in Infrastructure Program | Project/Program Completion Reports | Sep 2011 |
Private Participation in Infrastructure Program | Progress Reports on Tranche Releases | Jun 2010 |
Loan Agreement for Subprogram I - Private Participation in Infrastructure Program Loan Cluster between the Islamic Republic of Pakistan and Asian Development Bank dated 23 November 2006 | Loan Agreement (Ordinary Resources) | Nov 2008 |
Amendments to Rebate and Surcharge Provisions of Loan Agreement for Private Participation in Infrastructure Program between the Islamic Republic of Pakistan and Asian Development Bank dated 1 July 2007 | Loan Agreement (Ordinary Resources) | Jun 2007 |
Private Participation in Infrastructure Program | Reports and Recommendations of the President | Oct 2006 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
Title | Document Type | Document Date |
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Pakistan: Private Participation in Infrastructure Program | Validations of Project Completion Reports | Dec 2013 |
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.
Tenders
Contracts Awarded
Procurement Plan
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