Three Gorges Modern Logistics Center Infrastructure Project (WB-P153473)

Countries
  • China
Where the impacts of the investment may be experienced.
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
Approved
Bank Risk Rating
A
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
Jun 30, 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
Yichang Huaxin Transporation Construction and Investment LI
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • Infrastructure
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)
$ 200.00 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)
$ 200.00 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)
$ 446.00 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 @ WB website

Updated in EWS Nov 16, 2017

Disclosed by Bank May 10, 2016


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Project Description
According to World Bank website, the development objective of Three Gorges Modern Logistics Center Infrastructure Project for China is to improve freight transport and logistics services in Yichang. This Project comprises five components: Component 1. Baiyang Port and Operations Area Component 2. Baiyang Logistics Park Component 3. Transport Connection Infrastructure Component 4. Baiyang Logistics Information Platform and Facilities Component 5. Capacity Building
Investment Description
  • World Bank (WB)
Contact Information
Team Leader: Hua Tan Senior Transport Specialist, World Bank Telephone No.: 5788+7733 Email Address: htan4@worldbank.org Borrower/Client/Recipient: People's Republic of China Jiandi Ye, Director International Economic and Financial Cooperation Telephone No.: 86-10-68551174 Email Address: yeduanluo@sina.com Implementing Agency: Yichang PMO Hongyan Ma, PMO Director Telephone No.: 0086-717-6346489 Email Address: yichangpmo@sina.cn 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.