Chongqing New Urbanization Pilot and Demonstration Project (WB-P158142)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Chongqing city
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
Proposed
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.
Borrower
People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • 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)
$ 100.00 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)
$ 100.00 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)
$ 264.68 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Jan 31, 2019

Disclosed by Bank May 16, 2017


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Project Description

According to the World Bank document, the project development objective is to improve the use of public space and increase pedestrian mobility in selected districts of Chongqing’s Central City. 

The PDO will be achieved through the following technical support and physical investments in improving public space and pedestrian mobility in two Districts of Chongqing Central City. These are complemented by necessary measures to improve technical and institutional capacity for regeneration planning and implementation and knowledge sharing. Details of each project component and scope are described below.

Component 1 - District Regeneration Planning and Implementation.

Component 2 - Regeneration Interventions in Nan’an District.

Component 3 - Regeneration Interventions in Jiulongpo District.

Component 4 - Project Management and Capacity Building.

 

Investment Description
  • World Bank (WB)

IBRD/IDA (World Bank) US$ 100.00 million

Borrower US$ 164.68 million

Contact Information

1/World Bank
Joanna Mclean Masic
Sr Urban Spec.

Xueman Wang
Sr Urban Spec.

2/Borrower/Client/Recipient
People's Republic of China
Jiandi Ye
Director, Ministry of Finance
yeduanluo@sina.com

3/Implementing Agencies
Chongqing PMO
Tao Zhou
PMO Director
zhoutau@foxmail.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.