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.

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

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.

Sector and/or Subsector Classification

Transport and ICT / Road Transport

Thematic Classification

Economic growth Private sector development

Gender Mainstreaming Categories

FINANCING
Type/Modality of Assistance Private Sector Loan and Equity Approval Number 7162/1769 B-loan (Approved) Private Sector Loan (Approved) B-loan (Approved) Private Sector Loan (Approved) Source of Funding Approved Amount (US$ thousand) 25,000

Private Sector Loan and Equity

7162/1769

45,000

Private Sector Loan and Equity

7162/1769

25,000

Private Sector Loan and Equity

7162/1769

45,000

Type/Modality of Assistance TOTAL

Approval Number

Source of Funding

Approved Amount (US$ thousand) US$ 140,000

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

Environment

Involuntary Resettlement

Indigenous Peoples

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. Environmental Aspects Involuntary Resettlement Indigenous Peoples

STAKEHOLDER COMMUNICATION, PARTICIPATION, AND CONSULTATION

During Project Design During Project Implementation

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

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
Description of Outcome Progress Towards Outcome

OUTPUTS AND IMPLEMENTATION PROGRESS

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

BUSINESS OPPORTUNITIES
Date of First Listing

Consulting Services

Procurement

Procurement and Consulting Notices

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

TIMETABLE
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

MILESTONES

Closing Approval No. Private Sector 7162 Approval 26 Oct 2000 Signing 07 Jul 2001 Effectivity Original 07 Jul 2001 Revised Actual 07 Jul 2004

STATUS OF COVENANTS
Covenants are categorized under the following categoriesaudited accounts, safeguards, social, sector, financial, economic, and others. Covenant compliance is rated by category by applying the following criteria: (i) Satisfactoryall covenants in the category are being complied with, with a maximum of one exception allowed, (ii) Partly Satisfactorya maximum of two covenants in the category are not being complied with, (iii) Unsatisfactorythree 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.
Category Approval No. Sector Social Financial Economic Others Safe Project Financial Statements

CONTACTS AND UPDATE DETAILS

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

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

List of Project Documents

http://www.adb.org/projects/33924-014/documents