JIANGXI WATER TRANSPORT I (EIB-20170730)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
Jiangxi 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
  • European Investment Bank (EIB)
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
U
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
THE EXPORT-IMPORT BANK OF CHINA
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Construction
  • Transport
  • Water and Sanitation
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)
$ 233.83 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.
Currency conversion note:
Bank reported EUR 200 million
Converted using 2018-07-24 exchange rate.
Project Cost (USD)
$ 747.09 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.
Currency conversion note:
Bank reported EUR 639 million
Converted using 2018-07-24 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Jan 10, 2020

Disclosed by Bank Jan 25, 2018


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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.

The project consists of the construction of the Bazizui navigation hub on the Xinjiang river, one of the five major river systems in the Jiangxi province in China. The proposed project is part of a larger and more comprehensive waterborne transport infrastructure programme, involving other internal waterways projects on the Xinjiang and Ganjiang rivers.

 The project will increase the capacity and efficiency of the waterborne transport system in the Jiangxi Province by increasing the river depth and extending the transportation from upstream areas to other important prefecture level capitals of the Jiangxi Province (Shangrao and Yingtan). By enhancing the efficiency and reducing costs associated with the waterborne transport system, the project fosters the modal shift from other more carbon-intensive types of transport, reducing greenhouse gas emissions and therefore contributing to the EIB Climate Change objectives.
The economic benefits of the project stem from the transport cost reductions that can be obtained through such additional capacity and efficiency on inland navigation operations.

 

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.

According to Chinese Environmental Protection Law, the project is classified as a "navigation-power junction" and therefore should be subject to an Environmental Impact Assessment (EIA). Consequently, an EIA process has been undertaken according to Chinese Environmental Law. With the support of an external consultant, the promoter drafted an EIA report and undertook the associated field works and surveys during 2017. The competent authority (in this case, the Jiangxi Provincial Department of Environmental Protection) has issued approval and acceptance of the EIA report on 1st February 2018. The project does not have significant impacts on natural reserves, world cultural and natural heritage sites or other special ecologically sensitive areas

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

The responsible authority for the project procurement is the Jiangxi Provincial Ports and Waterways Construction Investment Company (JPPWCIC), which is 100% owned by the Jiangxi Province Department of Transport. 


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.

*There is no further information available by this stage of the project*

ACCOUNTABILITY MECHANISM OF EIB

The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. A complaint can be lodged via a written communication addressed to the Secretary-General of the EIB, via email to the dedicated email address complaints@eib.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form, via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf

When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces

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