Hubei Huangshi New Port Modern Logistics Hub Project (NDB-HUBEIHUANGSHIPORT)

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
Huangshi 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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."
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
  • Industry and Trade
  • 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)
$ 274.45 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 1990
Converted using 2025-01-27 exchange rate.
Loan Amount (USD)
$ 274.45 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 1990
Converted using 2025-01-27 exchange rate.
Project Cost (USD)
$ 448.71 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 3253.6
Converted using 2025-01-27 exchange rate.
Bank Documents
Primary Source

Original disclosure @ NDB website

Updated in EWS Feb 27, 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, Huangshi city in the middle reach of the Yangtze river in Hubei province is an important regional transportation hub. The city has a deepwater port, the Huangshi New Port (the Port), that primarily serves industrial enterprises. The hinterland area of the Port hosts the Huangshi New Port Industrial Logistics Park (the Park), a developing and growing industrial cluster of enterprises in the low-carbon metallurgical, advanced manufacturing and food processing sectors.

The Port’s existing hinterland logistics infrastructure requires some improvements to enhance its efficiency: (i) modal shift from road to other greener alternatives for cargo transport between Port waterfront and hinterland enterprises; (ii) construction of connector roads to improve the hinterland connectivity; (iii) construction of warehousing capacity for industrial products used by enterprises within the Park; (iv) augmentation of auxiliary facilities; and (v) use of digitalization to enhance operational efficiency.

The Project will contribute to the development of the Port through the following components:

  • Component I: Logistics Infrastructure. This will reduce the proportion of cargo being transported by trucks by upgrading the Port’s internal rail network and construction of aerial conveyor belts, improve connectivity by upgrading the hinterland road network and enhance warehousing capacity for industrial products.
  • Component II: Auxiliary Facilities. This will augment the sewage treatment and water supply system of the Park and improve energy efficiency and public transport of the Park.
  • Component III: Digital Platforms. This comprises development of three digital platforms for integrated logistics services, road traffic management and smart water and wastewater management.
  • Component IV: Project Management and Capacity Building. This includes consultancy services for detailed design, project management and construction supervision and capacity building activities such as preparation of strategic plan for the Park, training, investigation and study visits, etc.

The Project outputs are expected to translate into the following Project outcomes: (i) reduction in transportation costs for cargo transfer between Port waterfront and hinterland enterprises; (ii) reduction in time for loading and unloading of vessels at the Port; (iii) reduction in CO2 emissions; (iv) capacity augmentation of sewage treatment and water supply facilities; and (v) reduction in electricity consumption of Port.

Investment Description
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Contact Information
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No project contacts provided at the time of disclosure.

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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