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

Countries
  • China
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
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
Jun 22, 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
  • 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, etc.
Investment Amount (USD)
$ 0.40 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)
$ 0.40 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 9, 2017

Disclosed by Bank Sep 28, 2016


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Project 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
  • Asian Development Bank (ADB)
Contact Information
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