Huangshi Modern Tram Project (NDB-huangshimoderntrampro)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Huangshi prefecture-level city, Hubei 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
  • 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
Proposed
Bank Risk Rating
U
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
  • 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, etc.
Investment Amount (USD)
$ 400.00 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)
$ 400.00 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)
$ 696.00 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 @ NDB website

Updated in EWS Jan 10, 2020


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Project Description

According to the bank document, Huangshi Modern Tram Project is proposed to address the challenge of transportation and connectivity between old town and new town in Huangshi city. The project proposes construction of a modern tram network with a total length of 27.33 km.

The components of the proposed Project include i) laying of tracks, construction of stations and installation of associated facilities for the tram network;

ii) procurement of rolling stock; and

(iii) consultancy support for commissioning, preparation of O&M plan, capacity building and project management.

The Project will be implemented over a period of three years from 2019 to 2022.

Investment Description
  • New Development Bank (NDB)
Contact Information

*There is no further information being disclosed at this stage of the project*

For further information, comments or suggestions please reach out to us at info@ndb.int.