Municipality-Level Public-Private Partnership Operational Framework for Chongqing (ADB-49166-001)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
Chongqing
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
Canceled
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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."
Voting Date
Aug 11, 2015
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of People's Republic of China
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Finance
  • Infrastructure
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.35 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.
Project Cost (USD)
$ 0.35 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.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 7, 2020

Disclosed by Bank Sep 29, 2016

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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 TA will strengthen the operational framework for PPPs in Chongqing Municipality. Chongqing in central PRC is one of the country’s four largest municipalities and is well advanced in achieving a market-oriented economy. It is both ready for an expanded PPP program and can provide a rapid demonstration of good PPP practices at the local government level in ADB’s regions of focus—the less-developed central, western, and northeastern regions. The TA will help officials prepare a strategic plan and work plan for Chongqing’s PPP center.The plans will provide a coherent set of sequenced and resourced actions that will deepen the reform of the local PPP program. Good-practice project preparation procedures and other management tools needed by a PPP center will be put in place. These tools will include a project development facility.

The impact will be increased private sector participation and operations in urban infrastructure investment. The proposed TA is aligned with the decision of the Third Plenary Session of the 18th Central Committee of the Communist Party of China to increase private sector participation in urban infrastructure investment and operations. The outcome will be an improved operational framework for PPPs in Chongqing Municipality, with performance assessed by the completion by 2017 of at least one PPP agreement for urban economic or social infrastructure that passes a value-for-money test and fiscal affordability assessment.

CONSULTING SERVICES
International and national consultants have been mobilized.

An international workshop was held in Chongqing in October 2015 to deepen the understanding of best practice in such PPPs learning from the experience of other countries and elsewhere in PRC. The workshop addressed key challenges faced in the planning, design, investment, operation and management of metro projects, and offered practical solutions on adopting PPPs in subways in both Chongqing and elsewhere in the PRC. The workshop has laid the foundation for the TA's support to strengthen Chongqing's approach to PPPs.

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

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.

Chongqing Municipal Finance Bureau
No. 1, Honghuxilu, Yubei District
Chongqing Municipality, 401121

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

How it works

How it works