China: China-ASEAN Sea-Rail Multimodal Logistics Project (AIIB-000766)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
Qinzhou
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
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Government of China - Qinzhou Huangma Assets Management Group Co., Ltd.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 392.49 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Aug 23, 2024


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the objective of this project is to promote regional and cross-border trade and green connectivity in Qinzhou, Guangxi, China.

The Project will develop a green, resilient, and smart logistics park and related facilities in Qinzhou Municipality, Guangxi Zhuang Autonomous Region (Guangxi), China. It aims to establish a pivotal logistics hub strategically designed to serve two major cross-border corridors: the New Western Land-Sea Corridor and the New Eurasian Land Bridge.

Located adjacent to the Mahuang Station, the largest railway marshalling yard on the Guangxi coast, and in close proximity to the Beibu Gulf Port, the Project enjoys an ideal location for connecting Southwestern and Northwestern China while extending trade routes into Southeast and Central Asia. The anticipated operational readiness of the Pinglu Canal and its Longwan Port post-2026 will further enhance access to China's hinterland, resulting in a significant increase in cargo volumes. This strategic positioning, combined with access to key transport and trade consolidation hubs, uniquely positions the Project to develop freight inter-modality and promote trade through green connectivity.

This Project comprises four components: 1) logistics and service facilities within the logistics park; 2) a dedicated rail line that connects the logistics park with the existing freight rail Mahuang Marshaling Yard, along with a cargo unloading and uploading yard; 3) supporting infrastructure for the logistics park, such as roads and utilities; and 4) capacity building activities including training and research.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The Project is currently proposed as Category A, considering the significant land acquisition activities required for Project construction. ESS1 - Environmental and Social Assessment and Management and ESS2 - Land Acquisition and Involuntary Resettlement are applicable. The environmental and social (ES) assessment will be conducted during project preparation to determine whether ESS3 - Indigenous Peoples is to be applicable to the Project when more information is available.

The Project's potential adverse environmental impacts during construction mainly include vegetation clearance, dust, air emissions from machine and vehicle, construction noise and vibration, soil erosion, construction and domestic wastewater and solid waste, traffic, and workers' camp related disturbance, which are limited to the Project affected area, temporary or short-term, reversible, and can be readily mitigated by adopting good civil work management practice. Impacts during operation will include exhaust gases, domestic or hazardous liquids or wastes, use of refrigerants, traffic noise and vibration from the entrance trunk road and dedicated railway line, collision or electrocution risk to birds with power distribution lines, among others.

Social risks of the Project are associated with construction and operation impacts on social disturbance due to dust, noise, and vibration; occupational health and safety (OHS); labor influx, risk of Sexual Exploitation and Abuse and Sexual Harassment (SEA/SH); community health and safety; and land acquisition.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Total cost: USD 392.49 million
AIIB loan: USD 300.00 million
Counterpart funding: USD 92.49 million

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Qinzhou Huangma Asset Management Co Ltd. is a state-owned enterprise of the People’s Government of Qinbei District, Qinzhou, Guangxi, China. Qinzhou Huangma Asset Management Co Ltd. was founded in 2015.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Qinzhou Huangma Assets Management Group Co., Ltd. Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

BORROWER

People’s Republic of China

Jikang Wang

Officer, Department of International Economic and Financial Cooperation

wangjikang@mof.gov.cn

IMPLEMENTING ENTITY

Qinzhou Huangma Assets Management Group Co., Ltd.

Jinjing Zeng

Chief Executive Officer

hmzc5650388@163.com

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html

ACCOUNTABILITY MECHANISM OF AIIB

The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html

The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html

How it works

How it works