Guangxi Regional Cooperation and Integration Promotion Investment Program (ADB-50050-001)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Guangxi
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
A
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
Jun 7, 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 People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • Technical Cooperation
  • Transport
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)
$ 0.95 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)
$ 1.10 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 15, 2019

Disclosed by Bank Jun 9, 2016


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Project Description

The proposed investment program aims to support the efforts of Guangxi Zhuang Autonomous Region (Guangxi) of the People’s Republic of China (PRC) for promoting regional cooperation and integration (RCI), particularly with neighboring Viet Nam. Given the nature of RCI, the investment program will cover various sectors and will have impacts not only on Guangxi, but also on the other side of the border. Various subprojects in multiple sectors have been proposed for financing under a Multitranche Financing Facility (MFF). A project preparatory technical assistance (PPTA) will be needed to help the executing agency prepare and design the MFF, and properly address the RCI dimension of the investment program.

The PPTA will engage international and national consultants to (i) conduct sector reviews to identify key issues to be addressed by the investment program, (ii) identify subprojects in the first tranche of the MFF and help the executing agency prepare preliminary feasibility studies, which may include technical, financial, economic, and socioeconomic analysis; cost estimates; environmental and social impact assessment; preparation of institutional and capacity development plans; and a study for initial benchmark indicators, (iii) conduct pre-implementation work for the investment program, (iv) assist the executing agency and implementing agencies in assessing preliminary engineering designs and specifications; verifying detailed cost estimates; recommending procurement arrangements and preparing terms of references for procurement consulting services during MFF implementation, (v) suggest key features in contractual agreements or other necessary legal or institutional arrangements, and (vi) contribute to the preparation of the facility administration manual.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Government of Guangxi Zhuang Autonomous Region, through Guangxi Foreign Loans Project Management Office
18th Floor, Guangxi Development Plaza
East Building, No. 111-1 Minzu_Avenue
Nanning, Guangxi

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