Preparing a Concession Law for Infrastructure and Public Services (ADB-48007-001)

Countries
  • China
Where the impacts of the investment may be experienced.
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
Canceled
Bank Risk Rating
B
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
Sep 16, 2014
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
People's Republic of China, National Development and Reform Commission
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 26, 2017

Disclosed by Bank Sep 29, 2016


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

Project Description
According to ADB website, the country partnership strategy positions ADB's public sector operations to strengthen the enabling environment for private sector development by financing infrastructure, supporting policy and regulatory reforms, and improving access to finance. Urban development is identified as a priority area for support for private sector participation and PPPs during 2011-2015. The CPS also provides for the complementary support for knowledge sharing to promote best practices. The impact will be a strengthened enabling environment for PPPs. Performance will be measured by the ranking of the PRC’s enabling environment for PPPs in the Asian Infrascope’s developed country category by 2018. The outcome will be an improved legal framework for the promotion, development, and implementation of PPPs. Performance will be measured by the presentation of a draft concession law to the State Council in 2015.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Sugden, Craig East Asia Department, ADB No contact information provided at the time of disclosure. 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