The project involves investments in various infrastructure facilities in Myanmar which will improve connectivity of people and goods such as telecom, flotilla, port and airport, and distribution and logistics, which Yoma Strategic Holdings (Yoma) plans to make over the next two years.
|Project Name||Connectivity Infrastructure Development Project|
|Borrower/Company||Yoma Strategic Holdings
|Type or Modality of Assistance||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Partnerships
Private sector development
|Sector / Subsector||
Information and communication technology / ICT infrastructure
Transport / Multimodal logistics - Road transport (non-urban)
|Gender Equity and Mainstreaming||Some gender elements|
|Responsible ADB Department||Private Sector Operations Department|
|Responsible ADB Division||Portfolio Management Division, PSOD|
|Responsible ADB Officer||Pascual, Francis Mark A.|
|Description||The project involves investments in various infrastructure facilities in Myanmar which will improve connectivity of people and goods such as telecom, flotilla, port and airport, and distribution and logistics, which Yoma Strategic Holdings (Yoma) plans to make over the next two years.|
|Objectives and Scope||The connectivity improvement project will support the long-term investments of Yoma Strategic Holdings (YSH) in connectivity infrastructure subprojects in Myanmar to advance inclusion of isolated people, reduce urban-rural development gaps, and attract private investment into diverse geographic areas and sectors. These objectives will be achieved by giving people and goods better access to more opportunities and markets, improving productivity through reduced transport and other transaction costs, and promoting domestic and international trade. Initial subprojects include telecom towers, cold storage logistics and fleet leasing.|
|Linkage to Country/Regional Strategy||The project is aligned with the Interim Country Partnership Strategy for Myanmar, 2012- 2014, which places importance on enhancing connectivity. The project addresses the critical shortage of connectivity, promotes access to markets and basic social services, improves rural infrastructure to boost productivity and incomes, lowers transaction costs, enhances opportunities for domestic and cross-border trade and investment, and improves access to reliable and sustainable utility services. The project will also complement various projects being processed by the public sector operations department of the Asian Development Bank (ADB) in the relevant sectors, including several road and technical assistance projects.|
|Summary of Environmental and Social Aspects|
Safeguard Category: B
YSH and the project companies will establish and maintain an Environmental and Social Management System (ESMS) to screen, assess, and address environmental and social impacts and risks meeting the requirements of ADB's Safeguard Policy Statement, including the submission and review of safeguards documents.
Proposed infrastructure will not be located within the boundaries or traversing environmentally sensitive areas such as protected areas, wetlands, or historical or cultural site. Potential impacts during construction (e.g., noise, soil erosion, air, and water pollution) can be mitigated, and are short-term and temporary. Potential residual impacts during operation (e.g., visual; pollution of land and water from hazardous materials and wastes; occupational and community health and safety, including electromagnetic exposure) can also be mitigated using tested mitigation measures.
Safeguard Category: B
1. Key impacts. Some of the project components (telecom towers and cold storage logistics facilities) will be located either on leased lands or lands purchased through negotiated settlements. No involuntary resettlement impacts are envisaged for the first subprojects. Only in the event of the unavailability of suitable sites through negotiated settlements would the requirement for involuntary resettlement be triggered.
2. Strategy to address the impacts. The corporate ESMS of the borrower includes guidelines and procedures for addressing involuntary resettlement impacts in line with the ADB Safeguard Policy Statement requirements. Entity-level environmental and social procedures, including site selection criteria, will be developed in line with the corporate ESMS provisions.
3. Plan or other Actions. Environmental and social management system arrangement
Safeguard Category: C
1. Key impacts. The site selection procedures and guidelines by the project companies will ensure avoidance of lands owned or occupied by indigenous communities. No land acquisition or impacts on indigenous peoples are envisaged.
Is broad community support triggered?No
2. Strategy to address the impacts. The corporate ESMS of the borrower includes guidelines and procedures for addressing indigenous peoples' impacts in line with the ADB SPS requirements. Entity-level environmental and social procedures, including site selection criteria that avoid lands with indigenous peoples' impacts, will be developed in line with the corporate ESMS provisions.
3. Plan or other actions. Environmental and social management system arrangement
|Stakeholder Communication, Participation, and Consultation|
|Timetable for assistance design, processing and implementation|
|Concept Clearance||23 Jun 2014|
|Credit Committee Meeting||27 Oct 2014|
|Approval||10 Dec 2014|
|Last PDS Update||26 Feb 2021|
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.
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.
|Title||Document Type||Document Date|
|Connectivity Infrastructure Development Project: Extended Annual Review Report||Extended Annual Review Reports||Dec 2020|
|Connectivity Infrastructure Development Project: Project Data Sheet (Myanmar Language Translation)||Translated PDS||Apr 2015|
|Connectivity Infrastructure Development Project: Initial Poverty and Social Analysis||Initial Poverty and Social Analysis||Apr 2015|
|Connectivity Infrastructure Development Project: Report and Recommendation of the President||Reports and Recommendations of the President||Nov 2014|
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
None currently available.
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.
$100 Million Loan To Yoma Strategic Holdings To Help Myanmar Get ConnectedADB has approved a loan of up to $100 million to Singapore-listed Yoma Strategic Holdings Ltd. (Yoma Strategic) to improve infrastructure connectivity needed for sustainable economic growth in Myanmar.