PROJECT DATA SHEET

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.

 

 

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.

FINANCING

Type/Modality of Assistance Approval Number Source of FundingApproved Amount (US$

thousand)

Private Sector Loan and Equity 7162/1769 B-loan(Approved)

25,000

Private Sector Loan and Equity 7162/1769 Private Sector Loan(Approved)

45,000

Private Sector Loan and Equity 7162/1769 B-loan(Approved)

25,000

Private Sector Loan and Equity 7162/1769 Private Sector Loan(Approved)

45,000

PDS Creation Date 23 Aug 2006

PDS Updated as of 26 Oct 2010

Project Name PHI: NORTH LUZON EXPRESSWAY REHABILITATION AND EXPANSION (formerly Manila North Tollways Corporation)

Country Philippines

Project/Program Number 33924-014

Status Approved

Geographical Location North Luzon Expressway

Sector and/or Subsector Classification

Transport and ICT/ Road Transport

Thematic Classification Economic growthPrivate sector development

Gender Mainstreaming Categories

–

Type/Modality of Assistance Approval Number Source of FundingApproved Amount (US$

thousand)

TOTAL US$ 140,000

SAFEGUARD CATEGORIESFor more information about the safeguard categories, please see http://www.adb.org/site/safeguards/safeguard-categories

SUMMARY OF ENVIRONMENTAL AND SOCIAL ISSUES

The environmental impact arising from the Project is limited, as it is an expansion of an existing road. ADB's principal concerns were the potential impact of increased noise and pollution due to construction activities and increased traffic volume, and monitoring of environmental compliance. The initial environmental examination confirms that these concerns have been properly addressed. An environmental, health and safety monitoring plan as well as a traffic management plan have been put in place.

–

–

–

STAKEHOLDER COMMUNICATION, PARTICIPATION, AND CONSULTATION

–

–

DESCRIPTION

The Project comprises the rehabilitation, expansion and operation of 83.7 km of the existing North Luzon Expressway (NLEX), including the construction and rehabilitation of 14 interchanges, 24 bridges and 31 overpasses from Manila (Balintawak exit) to Clark Special Economic Zone (Sta. Ines exit), and the operation of a 8km expressway in Subic Special Economic Zone, completed in 1996. The Project is undertaken under the Supplemental Toll Operation Agreement (STOA) among the Republic of Philippines (acting through the Toll Regulatory Board), PNCC and MNTC. At the end of the concession period in December 2037, MNTC will transfer the Project back to the Government (Grantor) without cost.

PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY

ADB's operational strategy for the Philippines emphasizes sustainable economic growth and recognizes the importance of developing an extensive, efficient, and well-integrated transport network. ADB's assistance to the transport sector focuses mainly on national and provincial roads, airports, and ports. Within the road subsector, support for improvement of the existing road network is considered high priority. The poor quality of the road network is a major constraint to foreign and domestic investment and limits economic and social development, particularly in agricultural and rural areas. Poor accessibility and unreliable national roads contribute significantly to low growth in the countryside. This emphasis on

Environment B

Involuntary Resettlement –

Indigenous Peoples –

Environmental Aspects

Involuntary Resettlement

Indigenous Peoples

During Project Design

During Project Implementation

improved road infrastructure should be accompanied by appropriate preventive and routine maintenance programs. ADB supports the Government's efforts to increase private sector participation in the sector through privatization, public-private partnerships, and build-operate-transfer (BOT) schemes.

DEVELOPMENT IMPACT

PROJECT OUTCOME

OUTPUTS AND IMPLEMENTATION PROGRESS

BUSINESS OPPORTUNITIES

TIMETABLE

MILESTONES

–

Description of Outcome Progress Towards Outcome

– –

Description of Project Outputs Status of Implementation Progress (Outputs, Activities, and Issues)

– –

Date of First Listing –

Consulting Services –

Procurement –

Procurement and Consulting Notices

http://www.adb.org/projects/33924-014/business-opportunities

Concept Clearance 29 Nov 1999

Fact-finding 07 Feb 2000 to 11 Feb 2000

Management Review Meeting 26 Apr 2000

Approval 26 Oct 2000

Last Review Mission 07 Feb 2000 to 11 Feb 2000

Approval No. Approval Signing EffectivityClosing

Original Revised Actual

Private Sector 7162 26 Oct 2000 07 Jul 2001 07 Jul 2001 – – 07 Jul 2004

STATUS OF COVENANTSCovenants are categorized under the following categories—audited accounts, safeguards, social, sector, financial, economic, and others. Covenant compliance is rated by category by applying the following criteria: (i) Satisfactory—all covenants in the category are being complied with, with a maximum of one exception allowed, (ii) Partly Satisfactory—a maximum of two covenants in the category are not being complied with, (iii) Unsatisfactory—three or more covenants in the category are not being complied with. As per the 2011 Public Communications Policy, covenant compliance ratings for Project Financial Statements apply only to projects whose invitation for negotiation falls after 2 April 2012.

Approval No.

Category

Sector Social Financial Economic Others Safe Project Financial

Statements

CONTACTS AND UPDATE DETAILS

LINKS

Responsible ADB Officer Christine Genalin C. Uy (cguy@adb.org)

Responsible ADB Department Private Sector Operations Department

Responsible ADB Division Infrastructure Finance Division 2

Executing Agencies –

Project Website http://www.adb.org/projects/33924-014/main

List of Project Documents http://www.adb.org/projects/33924-014/documents