Hubei Yichang Comprehensive Elderly Care Demonstration Project (ADB-49309-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Yichang, Hubei
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 23, 2016
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 the People’s Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • 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)
$ 0.50 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)
$ 0.50 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 8, 2017

Disclosed by Bank Nov 29, 2016


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Project Description
The proposed technical assistance will support the project preparatory technical assistance for the Hubei Yichang Comprehensive Elderly Care Service Demonstration Project. This proposed public sector loan will develop the elderly care system and selected services including (i) community home care services and facilities; (ii) establishment of an ICT platform to integrate planning, monitoring and regulation across the sector; (iii) human resources training; (iv) institutional capacity building; and (v) development of a rehabilitation hospital to serve as a critical part of establishing a continuum of care for the elderly. The project preparatory technical assistance services will support the development of the project by working with Yichang Municipal Government and the Asian Development Bank team. This project is in the 2018 pipeline but at the 2016 country programming mission meetings held in Beijing in September, the National Development Reform Commission and the Ministry of Finance requested that it be moved forward to be processed as soon as possible for 2017 approval. Development of elderly care systems and services is a priority for the government under the 13th Five-Year Plan. Yichang municipality has been chosen to be one of 42 demonstration pilot cities for elderly care by the Ministry of Civil Affairs. The project components are all included in the Yichang strategic plan for development of long-term care services (2016-2030) which was designed under TA 3111 (Technical Assistance to the People's Republic of China for Strategic Elderly Care Services Development in Yichang) and approved by Yichang Municipal Government in June 2016. This public sector loan will develop the necessary elderly care systems (institutional, ICT, standards, regulation etc.) and services (home, community and residential care), and it will be a complementary investment to the proposed Public-Private Partnerships Demonstration Program to Transform Local Government Delivery of Elderly Care Services. Together, the two loans will help create a sustainable elderly care system and services for Yichang that provide affordable and quality care and serve as a demonstration model for other cities and provinces in China and in the region.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Yichang Municipal Government No. 102 Yanjiang Blvd. Yichang City, Hubei PRC Post Code : 443000 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