Pakistan : Central Asia Regional Economic Cooperation Corridor Development Investment Program (Tranche 3)

Sovereign Project | 48404-005

Tranche 3 is aligned with the following impact of the overall MFF: regional connectivity and trade in the CAREC corridors enhanced. Tranche 3 will have the following outcome consistent with the overall MFF outcome: efficiency of for road traffic along the CAREC corridors improved. An additional outcome indicator is added in the project to enhance the climate and disaster resilience of the project. Tranche 3 will have 2 outputs: (i) climate resilient sections along N55 constructed, and (ii) NHA capacity strengthened for climate and disaster risk management and planning.

Project Name
Central Asia Regional Economic Cooperation Corridor Development Investment Program (Tranche 3)
Project Number
48404-005
Country / Economy
  • Pakistan
Project Status
Active
Project Type / Modality of Assistance
  • Loan
Source of Funding / Amount
Loan 4416-PAK: Central Asia Regional Economic Cooperation Corridor Development Investment Program-Tranche 3
Source Amount
Ordinary capital resources US$ 360.00 million
Operational Priorities
  • OP1: Addressing remaining poverty and reducing inequalities
  • OP2: Accelerating progress in gender equality
  • OP3: Tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability
  • OP6: Strengthening governance and institutional capacity
  • OP7: Fostering regional cooperation and integration
Sector / Subsector
  • Transport / Road transport (non-urban)

Gender
Effective gender mainstreaming
Description
Tranche 3 is aligned with the following impact of the overall MFF: regional connectivity and trade in the CAREC corridors enhanced. Tranche 3 will have the following outcome consistent with the overall MFF outcome: efficiency of for road traffic along the CAREC corridors improved. An additional outcome indicator is added in the project to enhance the climate and disaster resilience of the project. Tranche 3 will have 2 outputs: (i) climate resilient sections along N55 constructed, and (ii) NHA capacity strengthened for climate and disaster risk management and planning.
Project Rationale and Linkage to Country/Regional Strategy
Situated at the crossroads of Afghanistan, Central Asia, India, Iran, and the People's Republic of China, Pakistan is well placed as a strategic transit hub in the region. N55 is a part of CAREC Corridor 5, which links the ports of Karachi and Gwardar in southern Pakistan with national and international economic centers to the north and has been underutilized because of its poor condition and is considered a bottleneck for regional trade. Reliable and resilient transport connectivity and services are essential for the country's socioeconomic development and climate resilience. N55 being a crucial transport network, as running parallel to Indus River, has high risk of riverine and torrential flooding, was severely affected in 2010, 2014 and 2022 floods and requires investment in climate change resilience. The multi-hazard mapping has been prepared under the earlier ADB Flood Emergency Reconstruction and Resilience Project for Punjab's most vulnerable districts. Moving forward, climate resilience requirements adopted in this project will be incorporated into NHA's road sector planning, investment prioritization, engineering design, O&M, and disaster management. In addition, the project Punjab Arterial Road Improvement Project together with Tranche 3, which are located in Punjab and KP, which already show high traffic volumes, would yield significant socioeconomic impacts for the province. Tranche 3 adopts a comprehensive approach to increase the capacity of N55 by addressing the underlying causes and gaps through interventions of improved climate and disaster resilient design/construction. This will enhance sustainability of the road network in the country and facilitate regional movement of goods and people, contributing to the country's economic recovery.
Impact

Regional connectivity and trade in the CAREC corridors enhanced

Project Outcome

Description of Outcome

Efficiency for road traffic along the CAREC corridors improved

Progress Toward Outcome

Implementation Progress

Description of Project Outputs

Climate resilient sections along N55 constructed.

NHA capacity strengthened for climate and disaster risk management and planning.

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Nation-wide, Khyber Pakhtunkhwa, Punjab

Safeguard Categories

Environment
B
Involuntary Resettlement
A
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

Contact

Responsible ADB Officer
Mishra, Ritu
Responsible ADB Department
Sectors Group
Responsible ADB Division
Transport Sector Office (SG-TRA)
Executing Agencies
National Highway Authority

Timetable

Concept Clearance
-
Fact Finding
-
MRM
-
Approval
07 Dec 2023
Last Review Mission
-
Last PDS Update
07 Dec 2023

Funding

Loan 4416-PAK

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
07 Dec 2023 15 Dec 2023 13 Mar 2024 30 Jun 2027 - -
Financing Plan
  Total (Amount in US$ million)
Project Cost 471.90
ADB 360.00
Counterpart 111.90
Cofinancing 0.00
Loan Utilization
  Date ADB Others Net Percentage
Cumulative Contract Awards 24 Apr 2024 3.68 0.00 1%
Cumulative Disbursements 24 Apr 2024 0.14 0.00 0%
Status of Covenants
Category Sector Safeguards Social Financial Economic Others
Rating Satisfactory Satisfactory Satisfactory Satisfactory - Satisfactory

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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.


Evaluation Documents See also: Independent Evaluation

None currently available.


Related Publications

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Tenders

No tenders for this project were found.

Contracts Awarded

Contract Title Approval Number Contract Date Contractor | Address Executing Agency Total Contract Amount (US$) Contract Amount Financed by ADB (US$)
Design Review and Construction Supervision Consultant Loan 4416 27 Mar 2024 Minconsult Sdn. Bhd., JV with Creative Engineering Consultants, AA Associates (Pvt.) Ltd., Asif Ali & Associates (Pvt.) Ltd., Associated Consulting Engineers ACE Ltd., Associated Consultancy Center (Pvt.) Ltd. | Lot 6, Jalan 51A/223, 46100, Pataling Jaya, Selangor, Malaysia National Highway Authority 7,095,979.72 3,688,356.27

Procurement Plan