Tuvalu Project Notice - Outer Island Maritime Infrastructure Project (Third Additional Financing)


Project Notice

PNR 58584
Project Name Outer Island Maritime Infrastructure Project (Third Additional Financing)
Project Detail The project is helping Tuvalu overcome domestic maritime connectivity constraints with (i) the construction of small workboat harbors in the outer islands of Niutao, Nui, and Nukulaelae; (ii) the rehabilitation of boat ramps in Nanumaga and Niutao; (iii) strengthening the governments capacity in operation and maintenance of harbors; and (iv) developing a transport sector master plan. Project Name Outer Island Maritime Infrastructure Project (Third Additional Financing) Project Number 48484-006 Country / Economy Tuvalu Project Status Approved Project Type / Modality of Assistance Grant The project is helping Tuvalu overcome domestic maritime connectivity constraints with (i) the construction of small workboat harbors in the outer islands of Niutao, Nui, and Nukulaelae; (ii) the rehabilitation of boat ramps in Nanumaga and Niutao; (iii) strengthening the governments capacity in operation and maintenance of harbors; and (iv) developing a transport sector master plan. Project Rationale and Linkage to Country/Regional Strategy The project is facing cost overruns, which require additional financing to cover the higher cost of the civil works contracts to construct the small workboat harbors in Niutao and Nui. The cost increase was a result of exogenous factors that are beyond the control of the project, principally from supply chain disruptions associated with the coronavirus disease (COVID-19), the increase in fuel prices caused in part by geopolitical events (Russian invasion of Ukraine), and a global surge in inflation. The ongoing project will not fully meet its development objectives unless additional financing is provided. The overall project impact, outcome and outputs will remain unchanged, with only minor changes to the output indicators to update them with the final scope of the construction contracts. Output 2 (capacity building for operations and maintenance) and output 3 (preparation of a transport master plan) are completed; and for output 1, the boat ramps in Nanumaga and Niutao have already been rehabilitated and the small-scale harbors are partially completed. Impact Safe and efficient domestic maritime transportation that helps increase climate resilience of community infrastructure
Funded By Inter-American Development Bank (IADB)
Sector Entertainment
Country Tuvalu , Polynesia
Project Value AUD 30,000,000

Contact Information

Company Name Ministry of Finance
Web Site https://www.adb.org/projects/48484-006/main

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