Guizhou Qianxinan Rural Roads Improvement Program (NDB-guizhouqianxinanrural)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
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
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
Mar 1, 2023
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)
$ 186.09 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 1,280
Converted using 2023-03-28 exchange rate.
Project Cost (USD)
$ 220.25 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 1,515
Converted using 2023-03-28 exchange rate.
Bank Documents
Primary Source

Original disclosure @ NDB website

Updated in EWS Mar 28, 2023

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.

According to the Bank’s website, the Program will address the issues faced by the rural road network in the four counties by upgrading the pavement condition, improving road design, and incorporating safety features for the roads to be upgraded. The Program also includes development of various digital platforms for comprehensive rural road management and operations, and capacity building activities to enhance the institutional capacity of the implementing entities, enabling the long-term sustainable development of the rural roads sector in Qianxinan.

The Program includes three components:

  • Component I: Rural Road Network Upgrade. This comprises upgrade of about 466 km of rural roads to Class IV standards through reconstruction or overhaul.
  • Component II: Digital Platforms for Comprehensive Rural Road Management. This includes development of digital platforms and associated activities for rural road construction, management, maintenance, and operation.
  • Component III: Institutional Capacity Building. This comprises interventions to enhance the institutional capacity of QTB and the county transportation bureaus for managing the rural road network to achieve long term sustainable impacts.
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.

NDB

Public Sector Department

Ninad Rajpurkar

Borrower

Ministry of Finance

Biao Guo

mof_operation1@mof.gov.cn

Implementing Agency

The People’s Government of Qianxinan Prefecture represented by Qianxinan Transportation Bureau

Jianping Liu

1079757093@qq.com

 

ACCESS TO INFORMATION

You can submit an information request for project information through a form at the bottom of the following webpage 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

How it works

How it works