Chuzhou-Nanjing Intercity Railway PPP Project (WB-P168181)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Specific Location
Chuzhou, Anhui province and Nanjing, Jiangsu 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
  • 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
Canceled
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
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
People's Republic of China
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 150.00 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.
Loan Amount (USD)
$ 150.00 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.
Project Cost (USD)
$ 2,243.42 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.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 12, 2024

Disclosed by Bank Apr 18, 2019

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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.

According to the project document, the project development objective is to demonstrate a public-private partnership consistent with good international practices to implement an intercity railway project between Chuzhou and Nanjing Municipalities.

Chuzhou Municipal Government (CMG) will create the Chuzhou-Nanjing Intercity Railway Development Company (CNIRDC). CNIRDC will represent CMG in the development of the proposed project. Nanjing Municipal Government (NMG) will designate Nanjing Metro Company (NMC) as its representative. The two companies will sign a cooperation framework agreement on behalf of their respective governments to jointly develop the proposed project.

Specifically, CNIRDC will be responsible for the Feasibility Study Reports (FSRs) and engineering design of the entire 54.3 km project. However, approval of the FSRs and engineering design of sections in the two provinces will be processed separately in the respective jurisdictions by CNIRDC and NMC. Further, CNIRDC and NMC will each be responsible for land acquisition and resettlement in Chuzhou and Nanjing respectively. The two companies will form a project company that will be responsible for project implementation.


The Bank team will provide training to clients from responsible institutions to build their knowledge and capacity in safeguards. The CNIRDC will engage environmental and social safeguard specialists to prepare the safeguard documents, oversee the project implementation and ensure the proposed project complies with the Bank’s safeguards policies

 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Government Resources (Chinese Government - Equity) US$ 50.00 million

Private Sector Equity US$ 450.00 million

IBRD (World Bank - Loan) US$ 150.00 million

Unguaranteed (Commercial Debt) US$ 1,850.00 million


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

1/World Bank
Bernard Aritua, Yi Yang
Senior Infrastructure Specialist

2/Borrower/Client/Recipient
People’s Republic of China
Contact: Xia Lyu
Position: Director, Ministry of Finance, People's Republic of China
Email: lvxia@mof.gov.cn

3/Implementing Agencies
Anhui Development and Reform Commission
Contact: Wei Sheng
Position: Deputy Director
Email: shengwei@anhuidrc.gov.com

FOR MORE INFORMATION CONTACT
The World Bank
1818 H Street, NW
Washington, D.C. 20433
Telephone: (202) 473-1000
Web: http://www.worldbank.org/projects

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.

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