Guangxi Trunk Road Network Improvement Program (NDB-GUANGXITRUNKROAD)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
Guangxi Zhuang Autonomous Region
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
  • New Development Bank (NDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
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
Dec 13, 2022
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 China
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Infrastructure
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 494.02 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.
Currency conversion note:
Bank reported 465
Converted using 2022-12-13 exchange rate.
Loan Amount (USD)
$ 494.02 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.
Currency conversion note:
Bank reported 465
Converted using 2022-12-13 exchange rate.
Project Cost (USD)
$ 826.57 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.
Currency conversion note:
Bank reported 5740
Converted using 2022-12-13 exchange rate.
Bank Documents
Primary Source

Original disclosure @ NDB website

Updated in EWS Feb 28, 2025

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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.

As stated by the NDB, the Program includes three components, all implemented over the trunk road network (non-expressway national and provincial highways) in Guangxi, namely: (i) Network capacity enhancement: This component includes about 100 km roads to be constructed or upgraded to Class II technical standards. (ii) Pavement condition and road safety improvement: This component comprises – (a) about 1,636 km roads to be rehabilitated with improved Maintenance Quality Index of not less than 85; (b) works for improved safety and climate resilience for accident and natural disaster-prone road sections. (iii) Institutional capacity and Program management support: This component includes various measures aimed at enhanced implementation and emergency response capacity.

The objective of the Program is to: (i) increase access by constructing crucial missing road links connecting towns, ports, and remote areas; (ii) enhance quality and efficiency by focusing on the need for rehabilitation of existing roads; (iii) strengthen resilience to natural disasters and reduce the number of traffic accidents; and (iv) enhance capacity for long-term sustainable development of the sector.

The Program outcomes include: (i) enhanced road connectivity and accessibility, resulting in reduction of journey time by not less than 40% for the road links included in the Program; and (ii) improved road network service level resulting in increase in average travel speed of not less than 10% for the rehabilitated road sections. The Program will act as a catalyst in promoting economic and social development of Guangxi by enhancing connectivity and access for trade, manufacturing, and other socio-economic activities, and thereby contribute to reducing regional disparities.

The People’s Government of Guangxi Zhuang Autonomous Region is the executing agency, responsible for overall planning of the Program, guiding and monitoring its execution, and achieving planned results. Guangxi Beitou Road Construction and Investment Group Company Limited, a wholly state-owned entity, is responsible for day-today implementation of the Program under the guidance of the executing agency. The implementation period for the Program is four years from 2022 to 2025.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by Bloomberg, Guangxi Beitou Construction & Investment Co., Ltd operates as an investment company. The Company invests in logistics, import and export, real estate development, and other businesses. Guangxi Beitou Construction & Investment provides services in China.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Guangxi Beitou Construction & Investment Co., Ltd Contractor Construction

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.

NDB Team Leader:

Zijing Niu - Project Portfolio Management Department

No contacts provided at the time of disclosure.

Borrower - Government of China, Ministry of Finance:

Biao Guo
Email: mof_operation1@mof.gov.cn

Project Implementing Unit - Guangxi Road NDB Loan Project Management Office:

Xiaoming Lu
Email: gxglndb@163.com

ACCESS TO INFORMATION

You can submit an information request for project information though a form at the bottom of the following webpoage https://www.ndb.int/about-us/contact-us/. Alternatively, you can send an e-mail to info@ndb.int. 

ACCOUNTABILITY MECHANISM OF NEW DEVELOPMENT BANK

The New Development Bank (NDB) does not currently have an independent accountability mechanism to accept complaints related to NDB-financed projects. The Bank does have a whistleblower mechanism that receives complaints about misconduct related to corruption, fraudulent practices and instances of money laundering in projects financed by the NDB and/or against the NDB staff members. To learn more about the whistleblower mechanism and how to file a complaint, access this webpage at: https://www.ndb.int/about-us/whistleblowing/.

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How it works