Original disclosure @ AIIB website
Updated in EWS Aug 23, 2024
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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.
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.
Total cost: USD 392.49 million
AIIB loan: USD 300.00 million
Counterpart funding: USD 92.49 million
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 | - |
BORROWER
People’s Republic of China
Jikang Wang
Officer, Department of International Economic and Financial Cooperation
IMPLEMENTING ENTITY
Qinzhou Huangma Assets Management Group Co., Ltd.
Jinjing Zeng
Chief Executive Officer
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