Project Data Sheet
Project 41106-012
Project Data Sheet
Project 41106-012
| Project Name | Supporting the Sustainable Development of Mongolia's Mineral Deposits | ||||
| Project Number | 41106-012 | ||||
| Country / Economy | Mongolia |
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| Project Status | Closed | ||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| Strategic Agendas | Environmentally sustainable growth |
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| Drivers of Change | Private sector development |
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| Sector / Subsector | Industry and trade / Large and medium industries |
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| Gender | No gender elements | ||||
| Description | In support of the Government's strategy, the objective of this TA will be the sustainable long-term development of Mongolia's mineral deposits. The TA will provide specific assistance to help structure the management and operation of the Government's stakes in strategic mineral deposits, and projects associated with the development of the deposits. The TA will assist in developing the potential for private-sector driven export-oriented projects based upo the minerals development. The outputs of the TA will be: (a) List of priority deposits and infrastructure and downstream projects and development plans; (b) organizational and institutional set-up for Erdenes; and (c) a business plan for Erdenes that includes a list of priority projects and particular detail on the strategy for infrastructure development. |
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| Project Rationale and Linkage to Country/Regional Strategy | The proposed TA is in line with the Country Strategy and Program (CSP). Private sector participation in the development of Mongolia?s minerals sector will directly support the first strategy pillar of the CSP of stable broad-based economic growth and create greater income opportunities. Private sector initiatives and public?private partnerships in energy and infrastructure development also have the potential to improve the delivery of public services and support the second pillar of inclusive social development. The development of downstream export-oriented projects will support the diversification of the economy. The TA supports the strategic approach of the CSP of trying to target investment to the needs of the private sector while capitalizing on opportunities for private sector participation and public-private partnerships. It is also in line with the joint MOU signed between ADB, WB, EBRD and the Ministry of Finance of Mongolia. | ||||
| Impact | |||||
| Project Outcome | |
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| Description of Outcome | |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | |
| 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 | 4.5 person-months of international individual consultant inputs and 4.5 person-months of domestic individual consultant inputs both with expertise in minerals development, law and finance will be required. |
| Responsible ADB Officer | Rosenthal, Shane J. |
| Responsible ADB Department | East Asia Department |
| Responsible ADB Division | Mongolia Resident Mission |
| Executing Agencies |
Erdenes Mongol LLC 15th Floor, Chinggis Avenue 15, 1st khoroo, Sukhbataar District Ulaanbaatar, Mongolia |
| Timetable | |
|---|---|
| Concept Clearance | 03 May 2007 |
| Fact Finding | 11 Mar 2007 to 25 Mar 2007 |
| MRM | - |
| Approval | 04 Jun 2007 |
| Last Review Mission | - |
| PDS Creation Date | 04 May 2007 |
| Last PDS Update | 17 Jul 2009 |
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 04 Jun 2007 | - | 04 Jun 2007 | 29 Feb 2008 | 03 Jun 2009 | 24 Sep 2009 |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 150,000.00 | 0.00 | 50,000.00 | 0.00 | 0.00 | 0.00 | 200,000.00 | 17 Jun 2022 | 55,323.89 |