fbpx 53424-001: State-Owned Enterprises Reform Program, Subprogram 1 | Asian Development Bank

Papua New Guinea: State-Owned Enterprises Reform Program, Subprogram 1

Sovereign (Public) Project | 53424-001 Status: Proposed

The Government of Papua New Guinea (PNG) has requested financial assistance from the Asian Development Bank (ADB) for the State-Owned Enterprises (SOE) Reform Program. A

program, comprising three subprograms, is proposed for 2020 -2022. It will improve the operational performance and financial sustainability of SOEs, and help them to deliver better services.

Project Details

Project Officer
Basu, Ananya Pacific Department Request for information
Country
  • Papua New Guinea
Sector
  • Public sector management
 
Project Name State-Owned Enterprises Reform Program, Subprogram 1
Project Number 53424-001
Country Papua New Guinea
Project Status Proposed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan: State-Owned Enterprises Reform Program, Subprogram 1
Ordinary capital resources US$ 100.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Governance and capacity development
Private sector development
Sector / Subsector

Public sector management / Reforms of state owned enterprises

Gender Equity and Mainstreaming Some gender elements
Description

The Government of Papua New Guinea (PNG) has requested financial assistance from the Asian Development Bank (ADB) for the State-Owned Enterprises (SOE) Reform Program. A

program, comprising three subprograms, is proposed for 2020 -2022. It will improve the operational performance and financial sustainability of SOEs, and help them to deliver better services.

Project Rationale and Linkage to Country/Regional Strategy

The program is consistent with the Strategy 2030 operational priority of strengthening governance and institutional capacity, under which ADB will support SOE reforms

in small island developing states to strengthen public service delivery. The program is also in line with implementation priorities of the PNG country partnership strategy, under which ADB will support SOE reform, business legal environment improvements, and greater competition. It is aligned with the International Monetary Fund's staff-monitored program, currently being finalized.

The PBL modality is suitable to support policy actions that facilitate and accelerate the government's ongoing SOE reforms. A programmatic approach will meet the need for budget

support, and allow time for sustained implementation of complex and politically-sensitive reforms. It also allows for prioritization across reform areas to account for limited implementation capacity, and provides flexibility to respond to emerging opportunities and constraints.

Impact Delivery of services across PNG at high quality and affordable prices
Outcome Operational performance of SOEs improved
Outputs

Policy and legislative framework

Governance and transparency

Financial sustainability for specific SOEs

Geographical Location Nation-wide
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
Responsible ADB Officer Basu, Ananya
Responsible ADB Department Pacific Department
Responsible ADB Division PASP
Executing Agencies
Department of Treasury
6/F The Treasury Building, Lamana Road
P.O Box 542, Waigani Drive, NCD
Papua New Guinea
Timetable
Concept Clearance 04 Mar 2020
Fact Finding 06 Jul 2020 to 10 Jul 2020
MRM 03 Aug 2020
Approval -
Last Review Mission -
Last PDS Update 06 Mar 2020

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.

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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.

None currently available.

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

No contracts awarded for this project were found

Procurement Plan

None currently available.