Hebei Elderly Care Development Project (ADB-49028-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Hebei 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
  • 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
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
Nov 20, 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
  • Education and Health
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.80 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)
$ 0.80 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 30, 2016


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Project Description
The project supports the PRC''s Twelfth Five-Year Plan (2011 -2015) and the Hebei Provincial Twelfth Five-Year Plan (2011- 2015), which develop a three-tiered system of services, stimulate investment in the sector, and define roles and responsibilities for government and the private sector. The project is aligned with ADB''s country partnership strategy (2011 -2015) pillar on inclusive growth, the focus in the midterm review of Strategy 2020 on supporting social protection and health, and the Operational Plan for Health (2015-2020), which has development of elderly care systems (ECS) and services as a focus area. CONSULTING SERVICES ADB has engaged the consulting services in accordance with ADB''s Guidelines on the Use of Consultants (2013, as amended from time to time) to ensure immediate mobilization and facilitate project scoping. The PPTA is being conducted using seven individual consultants and an international firm. ADB engaged an international firm based on the quality of the proposal (80%) and the cost (20%) of the services to be provided (the quality- and cost-based selection method) using the simplified technical proposal procedure.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Hebei Provincial Finance Bureau 48 South Zhonghua St Shijiazhuang 050051 Hebei Province, People's Rep 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