Download - ADB-Project-33924014
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
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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.
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STAKEHOLDER COMMUNICATION, PARTICIPATION, AND CONSULTATION
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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
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Description of Outcome Progress Towards Outcome
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Description of Project Outputs Status of Implementation Progress (Outputs, Activities, and Issues)
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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 ([email protected])
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