Heilongjiang Green Urban and Economic Revitalization (Additional Financing) (ADB-49021-004)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Hegang, Jixi, Qitaihe Shi, Shuangyashan
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
Proposed
Bank Risk Rating
C
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.
Borrower
People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • 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, etc.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 150.00 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)
$ 150.00 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 Jan 10, 2020

Disclosed by Bank Jun 14, 2019


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Project Description

According to the project document, the project seeks to develop economy revitalized and diversified, and non-coal industries and improve the living environment, safety, and public health in cities of Hegang, Jixi, Qitaihe, and Shuangyashan. The project outcome will hope to increase the non-coal economic activities and urban livability in project cities. 

Investment Description
  • Asian Development Bank (ADB)

Ordinary capital resources (ADB) US$ 150.00 million

Contact Information

Responsible ADB Officer Stefan Rau

Responsible ADB Department East Asia Department

Responsible ADB Division Urban and Social Sectors Division, EARD

Executing Agencies

Heilongjiang Provincial Government
People's Republic of China

*There is no further information being disclosed at this stage of the project*

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