Shanxi Technical and Vocational Education and Training Development Demonstration Project (ADB-51382-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Xinzhou prefecture-level city, Shanxi province
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
Proposed
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.
Borrower
People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
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)
$ 100.00 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)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 10, 2020

Disclosed by Bank Jul 23, 2018


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Project Description

According to the bank document, the project seeks to accelerate the socio-economic development in Xinzhou (Xinzhou Municipal Thirteenth Five Year Plan for Economic and Social Development, 2016 2020) with the outcome is the development of the well-trained skilled workforce meeting the needs of priority industries. 

Investment Description
  • Asian Development Bank (ADB)

Loan: Shanxi Technical and Vocational Education and Training Development Demonstration Project

Ordinary capital resources        US$ 100.00 million

Contact Information

Executing Agencies

Xinzhou Municipal Government
21, Changzheng Street
Xinzhou, Shanxi 03400, 
China

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