Shaanxi Xi'an Preschool Education Development Program (ADB-53060-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Nation-wide, Shanxi Education Building Xi An
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
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.
Borrower
People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
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)
$ 150.00 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)
$ 150.00 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.
Primary Source

Original disclosure @ ADB website

Updated in EWS Feb 4, 2020

Disclosed by Bank Jan 28, 2020


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Project Description

According to the bank document, recognizing several gaps in the provision of affordable high-quality early childhood education (ECE), the Xi'an Municipal Government (XMG) has requested Asian Development Bank (ADB) financing for a results-based lending (RBL) program to support the comprehensive Xi'an Preschool Education Development Plan 2019-2025.

The suitability of the RBL modality is based on:

(i) the nature of the preschool education development challenges, which require a results- and system-based approach;

(ii) the government's strong interest, commitment, ownership, and sector strategy; and

(iii) the high likelihood of increased sustainability with RBL program results and system improvements.

Without the proposed RBL program, Xi'an's planned ECE development would not have sufficiently embraced institutional strengthening and monitoring of ECE reforms nor integrated a focus on early childhood development (ECD) for children aged 0-3 years, a critical time for cognitive development.

The project is expected to implement the balanced development of basic public education and achieve the green, inclusive and sustainable development of preschool education in Xi'an.

The project outcome is the expansion of equitable access to high quality preschool education in Xi'an.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Executing Agencies

Shaanxi Department of Education
No. 155 Yaowangdong, Xi'an

Xi'an Municipal Government
No 109, Fengcheng Balu, Xi'an, Shaanxi province

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