Gansu Featured Agriculture and Financial Services System Development Project (ADB-47046-002)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Gansu
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 Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
FI
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
Nov 12, 2015
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.
Borrower
Government of People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Finance
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, etc.
Investment Amount (USD)
$ 100.00 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)
$ 200.00 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 @ ADB website

Updated in EWS Aug 11, 2017

Disclosed by Bank Sep 28, 2016


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Project Description
ADB's country partnership strategy for PRC (2011 2015) identifies inclusive growth as one of the three pillars in the partnership which will be supported by boosting rural livelihoods and improving access to microfinance and small and medium enterprise finance. The partnership also recognizes private sector development, knowledge solutions, capacity development, and gender equity as major drivers of change to maximize development impacts in the PRC. The proposed project will promote inclusive growth in the project area through improving rural livelihood. Agricultural productivity will be enhanced through providing financial and technical support to private agricultural enterprises and farmer cooperatives for the construction of standard production and/or processing bases and strengthening of governance and management capacity. Further development of rural financial services will expand access to finance among rural residents and agricultural enterprises. The project has significant potential for innovation and knowledge generation in agricultural and rural finance, sustainable use of water resources, poverty targeting and reduction, and scientific evaluation of development interventions. Finally, the project will promote gender equity in access to finance and management of farmer cooperatives and agricultural enterprises.
Investment Description
  • Asian Development Bank (ADB)
Government US$ 100 million
Contact Information
Gansu Provincial Government No. 136 Jinning Road Lanzhou City, Gansu Province People's Republic of China ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main