Study of the Belt and Road Initiative (ADB-50141-001)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
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
Jun 22, 2016
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
  • Infrastructure
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.40 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)
$ 0.40 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 Jun 26, 2020

Disclosed by Bank Sep 28, 2016

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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 Government of the People’s Republic of China (PRC) requested policy and advisory technical assistance (TA) from the Asian Development Bank (ADB) to support the PRC’s initiative on Silk Road Economic Belt and the 21st Century Maritime Silk Road, which are jointly referred to as the Belt and Road Initiative (BRI). The TA is included in the ADB Country Operations Business Plan, 2016–2018 for the PRC.1 ADB fielded a reconnaissance mission in mid-January 2016 and reached an understanding with the government on the impact, outcome, outputs, implementation arrangements, costs, and terms of reference for consultants.

This TA will examine how the BRI Initiative—including its principles, framework, cooperation priorities, and latest development status—and analyze ways to enhance coordination between BRI and existing regional cooperation mechanisms. The TA will help to enhance the design of the PRC–Mainland Southeast Asia economic corridor to strengthen connectivity between economies, improve competitiveness in the connected market, and promote regional public goods.

Output 1: A comprehensive comparative study on the BRI Initiative and other relevant regional cooperation and integration initiatives conducted.
Output 2: Road map for the development of the PRC–Mainland Southeast Asia Economic Corridor prepared.
Output 3: International support to the BRI Initiative enhanced.

CONSULTING SERVICES

The proposed TA will be implemented over 18 month period from 30 June 2016 to 31 December 2017. The proposed TA will engage one international consultant (3 person-months) and four national consultants (13 person-months).

The consultants will be hired in accordance with ADB's Guidelines on the Use of Consultants (2013, as amended from time to time), and proceeds will be disbursed in accordance with ADB's Technical Assistance Disbursement Handbook (2010, as amended from time to time). Consultants will be engaged individually. All reports will be submitted in English and Chinese languages to the executing agency and ADB in hard and electronic copies. The consultants will maintain close working relations with ADB and the executing agency and will regularly discuss progress and findings. Tripartite meetings involving ADB, the executing agency, and the consultants will be held when necessary to provide guidance to the consultants and to review draft reports.

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.

Executing Agency
Development Research Center of the State Council
225 Chaoyangmen Nei Dajie
Beijing 100010

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