China: Liaoning Green Smart Public Transport Demonstration Project (AIIB-000406)

  • China
Where the impacts of the investment may be experienced.
Specific Location
Liaoning province
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Aug 1, 2021
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
People’s Republic of China
The holder of the loan, grant, or other investment.
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Jun 22, 2021

Disclosed by Bank May 13, 2021

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Project Description

According to the bank document, "the proposed Project will substitute modern battery-electric buses (BEBs) for existing diesel-fueled or gas-fueled buses in five small and/or medium cities in Liaoning, including Fuxin City, Hu'ludao City, Jinzhou City, Panjin City, and Yingkou City.

Key Project activities include:

  • Procurement of about 1,295 BEBs.
  • Construction of about 318 new bus chargers.
  • Installation of smart public transport management systems and supporting software and equipment in the Project cities, which include automated fare collection terminals, automatic vehicle location system, real-time driving assistance and safety systems, passenger information systems, depot management system, and bus stop management system, etc.
  • Construction of the Liaodong Bay Intercity Bus Service Center in Panjin; and
  • Construction of the New Green Bus Maintenance Workshop in Fuxin".

The project aims to "improve the quality and efficiency of public transport service by replacing existing fossil-fueled buses with battery-electric buses (BEBs) and applying digital information technology to public transport management systems in selected cities in Liaoning".

Investment Description

Contact Information

Implementing Entity/Sponsor

People’s Government of Liaoning Province

Contact Points:


Name Mr. Hongliang Yang 

Title: Principal Investment Operations Specialist
Infrastructure Investment Department, Region 2

Email Address:


Name: Ms. Yue Ding

Title: Deputy Director

Department of International Economic and Financial Cooperation

Ministry of Finance

Email Address:

3/Implementation Entity

Name: Mr. Gang Wang

Title: Deputy Director

Liaoning Urban and Rural Construction 

and Renewal Project Management Company


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