Jiangxi Farm Produce Distribution System Development (WB-P147009)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Jiangxi-Taihe, Huichang, Longnan, Jiujiang, Pengze, Anyuan, Jingan, and Yushan
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
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
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.
Voting Date
Dec 15, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of China
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
  • Industry and Trade
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.
Project Cost (USD)
$ 198.28 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 @ WB website

Updated in EWS Dec 19, 2017

Disclosed by Bank Nov 1, 2006


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Project Description
According to the bank document, the project objective is to improve the distribution systems of selected farm products in participating counties of Jiangxi. The project will increase the efficiency and productivity of production logistics and farm systems, including the integration of systems to collect, sort, package and store agricultural products. It will support farmer cooperatives in their purchase of business equipment, access to markets, product certification, and e-commerce development. For the first time, the project will use a partial risk guarantee mechanism to improve farmers’ access to credit from local commercial banks. The project will also improve the physical structures, services and management systems of the farm produce markets and distribution centers, to increase their efficiency, provide value added benefits and reduce waste of farm produce. Technical assistance and training will be provided under the project.
Investment Description
  • World Bank (WB)
Borrower US$ 48.28 million
Contact Information
World Bank Xiaolan Wang Senior Operations Officer Tel:458-8747 Email: xwang@worldbank.org Borrower/Client/Recipient Ms. Ye Jiandi Title: Director, Intern. Eco. & Financial Cooperation Dep., MOF Tel: 861068552836 Email: yeduanluo@sina.com Implementing Agency Foreign Capital Project Office, Jiangxi Provincial Department of Agricultural Contact: Mr. Chen Longxiang Title: Director Tel: 079186213789 Email: hello6302@163.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.