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What is Santo Port Project Audit Report about?

The project aimed to construct a new earthquake-resistant wharf in Santo Port, Vanuatu to maintain exports and imports. A $5.75 million loan was approved in 1987 for construction, which began in 1989. Unexpected soil conditions increased costs, requiring a $3.4 million supplementary loan approved in 1991. The wharf was completed in 1991 but erosion issues arose, requiring remedial works completed in 1998 at a total project cost of $10.29 million. While implementation was delayed, the wharf fulfills its obje

Author

Independent Evaluation at Asian Development Bank

Language

EN