Guangxi Regional Cooperation and Integration Promotion Investment Program - Tranche 2 (ADB-50050-004)

Countries
  • China
Geographic location 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
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
Apr 4, 2018
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
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
  • Industry and Trade
  • Transport
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 180.00 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.
Loan Amount (USD)
$ 180.00 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)
$ 150.00 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
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 10, 2020

Disclosed by Bank Sep 28, 2018

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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.

According to the bank document, the second tranche of the multi-tranche financing facility (MFF) will cover major investments of the MFF, including investments in border-connectivity and border economic zones (BEZ). In line with the framework financing agreement, those investments strongly support Guangxi Zhuang Autonomous Region's (GZAR) Strategy and Action Plan for participation in the Greater Mekong Subregion (GMS) Program, aiming to deepen economic cooperation and integration with ASEAN member countries.

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

Loan 3652-PRC: Guangxi Regional Cooperation and Integration Promotion Investment Program Tranche 2 (ADB) US$ 180.00 million

 


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.

Responsible ADB Division  Public Mgt, Financial Sector and Regional Coop Division, EARD

Executing Agencies

The government of Guangxi Zhuang Autonomous Region, through Guangxi Foreign Loans Project Management Office

Email: GXRCIPMO@163.COM

Address: 18th Floor, Guangxi Development Plaza
East Building, No. 111-1 Minzu_Avenue
Nanning, Guangxi

Executing Agency

Guangxi Foreign Loans Project Management Office (PMO)

1/Mr. Yan Bogui

Head of the PMO

Deputy Director General Development and Reform Commission

2/Mr. Wu Tiancheng

Executive Head of the PMO

Division Director, Development and Reform Commission

3/Mr. Feng Xiaobing

Deputy Head of the PMO

Tel: (86 771) 232 8939/ Fax: (86 771) 232 8850

Email: gxrcipmo2017@gxi.gov.cn

Address: Rm. 1815, 111-1 Minzu Avenue

Nanning, Guangxi 530022, PRC

Implementing Agencies

Guilin University of Aerospace Technology

Mr. Yi Xianghui

Vice President Guilin University of Aerospace

Tel: 15077307858/ Fax: 0773-5863286

Email: yxh@guat.edu.cn

Address: Guilin, Guangxi, PRC

Youjiang Medical College for Nationalities

Mr. Liao Pinhu

President Youjiang Medical College for Nationalities or Guangxi

Tel: 0776-2848807/Fax: 0776-2846565

Email: ymcn533000@126.com

 Address: Youjiang, Baise, PRC

Qinzhou Municipal Government (the Management Committee of Qinzhou Free Trade Port Area)

Mr. Ma Xiangcong

Deputy Director

Qinzhou Municipal Development and Reform Commission

Tel: 86777368 8456/ Fax: 867772858527

Email: qzfgwwjk@126.com

Mr. Wang Wenyuan

Deputy Director

Management Committee of Qinzhou Free Trade Port Area

Tel: 867775880058/ 5880168 Fax: 86 777/5881338

Email: jfc588168@163.com

Address: Qinzhou, Guangxi, PRC

Chongzuo Municipal Government

Mr. Li

Deputy Director

Chongzuo Municipal Development and Reform Commission

Tel: 867715035128 Fax: 86771503 5169

Email: czfgwwjk@163.com

Address: Chongzuo, Guangxi, PRC

Fangchenggang Municipal Government

Mr. Yu Jia Deputy Director

Fangchenggang Municipal Development and Reform Commission

Tel: 867702818505 Fax: 867702827964

Email: jw2818656@163.com

Address: Fangchenggang, Guangxi, PRC

Asian Development Bank

Public Management, Financial Sector, and Regional Cooperation Division, EARD

Ying Qian

Director

Telephone No. 6326325945 Fax: 6326362444

Email address: yqian@adb.org

6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines

Mission Leader

Hiroko Uchimura-Shiroishi

Senior Social Sector Specialist

Telephone No. 6326326996 Fax: 6326362444

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