Papua New Guinea : State-Owned Enterprises Reform Program, Subprogram 3
The program, comprising three subprograms, targets improvements in the operational performance and financial sustainability of state-owned enterprises (SOEs) and helps strengthen service delivery. Policy actions achieved under subprograms 1 and 2 have been sustained and are built upon by subprogram 3 actions. Policy reforms under subprogram 3, which is the final subprogram, will further strengthen legislative and policy frameworks for SOEs; enhance governance and transparency; and improve financial sustainability of priority SOEs.
Project Details
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Project Officer
Narain, Ashish
Pacific Department
Request for information -
Country/Economy
Papua New Guinea -
Sector
- Public sector management
| Project Name | State-Owned Enterprises Reform Program, Subprogram 3 | ||||||||
| Project Number | 53424-003 | ||||||||
| Country / Economy | Papua New Guinea |
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| Project Status | Closed | ||||||||
| Project Type / Modality of Assistance | Grant Loan |
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| Source of Funding / Amount |
|
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| Operational Priorities | OP2: Accelerating progress in gender equality OP6: Strengthening governance and institutional capacity |
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| Sector / Subsector | Public sector management / Reforms of state owned enterprises |
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| Gender | Effective gender mainstreaming | ||||||||
| Description | The program, comprising three subprograms, targets improvements in the operational performance and financial sustainability of state-owned enterprises (SOEs) and helps strengthen service delivery. Policy actions achieved under subprograms 1 and 2 have been sustained and are built upon by subprogram 3 actions. Policy reforms under subprogram 3, which is the final subprogram, will further strengthen legislative and policy frameworks for SOEs; enhance governance and transparency; and improve financial sustainability of priority SOEs. |
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| Project Rationale and Linkage to Country/Regional Strategy | The program is consistent with ADB's Strategy 2030 operational priorities of strengthening governance and institutional capacity (including SOE reforms to improve service delivery) and accelerating progress in gender equality. With the aim of improving service delivery and financial performance of SOEs, the program strengthens governance and institutional capacity through completing and implementing policy and regulatory frameworks for SOEs, competition, and PPPs. | ||||||||
| Impact | Delivery of services across PNG at high quality and affordable prices |
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| Project Outcome | |
|---|---|
| Description of Outcome | Operational performance of SOEs improved |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| 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 | Narain, Ashish |
| Responsible ADB Department | Pacific Department |
| Responsible ADB Division | PASP |
| Executing Agencies |
Department of Treasury |
| Timetable | |
|---|---|
| Concept Clearance | 04 Mar 2020 |
| Fact Finding | 05 Sep 2022 to 09 Sep 2022 |
| MRM | 10 Oct 2022 |
| Approval | 02 Dec 2022 |
| Last Review Mission | - |
| Last PDS Update | 02 Dec 2022 |
Loan 4266-PNG
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 02 Dec 2022 | 14 Dec 2022 | 19 Dec 2022 | 30 Apr 2023 | - | 02 Mar 2023 |
| Financing Plan | Loan Utilization | ||||
|---|---|---|---|---|---|
| Total (Amount in US$ million) | Date | ADB | Others | Net Percentage | |
| Project Cost | 250.00 | Cumulative Contract Awards | |||
| ADB | 250.00 | 10 Mar 2023 | 250.00 | 0.00 | 100% |
| Counterpart | 0.00 | Cumulative Disbursements | |||
| Cofinancing | 0.00 | 10 Mar 2023 | 250.00 | 0.00 | 100% |
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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| Title | Document Type | Document Date |
|---|---|---|
| Loan Agreement (Ordinary Operations) for Loan 4266-PNG: State-Owned Enterprises Reform Program, Subprogram 3 | Loan Agreement (Ordinary Resources) | Dec 2022 |
| State-Owned Enterprises Reform Program, Subprogram 3: Report and Recommendation of the President | Reports and Recommendations of the President | Nov 2022 |
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
Contracts Awarded
Procurement Plan
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