Pakistan: Preparing the Lahore Rapid Mass Transit System Project

Sovereign Project | 40573-013

Summary

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Project Name Preparing the Lahore Rapid Mass Transit System Project
Project Number 40573-013
Country Pakistan
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 2424-PAK: Preparing the Lahore Rapid Mass Transit System Project
Asian Development Fund US$ 6.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change
Sector / Subsector Transport - Urban public transport
Gender Equity and Mainstreaming
Description N/A
Project Rationale and Linkage to Country/Regional Strategy
Impact The expected impact of the TA is the initiation of a long-term transport system investment program that will enable Lahore to make a greater contribution to national development, while improving in the quality of life residents, including the poor.
Project Outcome
Description of Outcome The outcome of the TA is a structured design of the Lahore RMTS Project feasible for ADB financing.
Progress Toward Outcome
Implementation Progress
Description of Project Outputs The transaction advisory work will be carried out in three phases: preparation, implementation, and negotiation. During the preparation phase, the transaction advisor will carry out technical and legal due diligence, design the detailed structure and terms of the transaction, market the transaction with potential investors, and develop prequalification and bidding documents as well as the necessary contracts. During the implementation stage, the transaction advisor will assist the Government in obtaining any approvals and permits required, prequalifying potential investors, carrying out the bidding process, evaluating proposals, awarding the contract and holding negotiations, with lenders. During the negotiation, the transaction advisor will support the Government and winning bidder reach financial closure.
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services A package of advisory services will be provided by a consultant firm with expertise and experience in assessing, structuring, and raising finance on the capital markets for rapid mass transit systems in the Asia region. International and national consultants financed from ADB funds will be recruited as firms under the quality-based selection (QBS) method, using full technical proposals, in accordance with ADB's Guidelines on the Use of Consultants (2007, as amended from time to time).
Procurement All goods and services under the TA Loan will be procured in accordance with ADB's Guidelines for Procurement.
Responsible ADB Officer Arnaud Dauphin
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Urban Development and Water Division, CWRD
Executing Agencies
Planning and Development BoardNew Complex, Government of Punjab
Civil Secretariat, Lahore
Timetable
Concept Clearance 19 Oct 2006
Fact Finding 03 Dec 2007 to 06 Dec 2007
MRM 23 Jan 2008
Approval 04 Jun 2008
Last Review Mission -
PDS Creation Date 20 Feb 2008
Last PDS Update 29 Apr 2009

Loan 2424-PAK

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
04 Jun 2008 - - 31 Dec 2009 - 04 Jun 2009
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 7.50 Cumulative Contract Awards
ADB 6.00 04 Jun 2008 0.00 0.00 0%
Counterpart 1.50 Cumulative Disbursements
Cofinancing 0.00 04 Jun 2008 0.00 0.00 0%

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


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