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

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
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
Apr 4, 2018
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
People's Republic of China
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 180.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. 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, converted to USD$. 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, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 31, 2019

Disclosed by Bank Sep 28, 2018


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Project 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
  • Asian Development Bank (ADB)

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

 

Contact Information

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