Hunan Strengthening Institutions for Rural Revitalization Project (WB-P172325)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Hunan 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
Proposed
Bank Risk Rating
U
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
Aug 31, 2020
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
People's Republic of China
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
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)
$ 350.00 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)
$ 350.00 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)
$ 25,000.00 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 Feb 10, 2020

Disclosed by Bank Jan 10, 2020


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Project Description

According to the bank document, Hunan Government categorizes the rural revitalization program in six subprograms in alignment with the strategic plan areas: agriculture industrial development, livable environment, rural civilization, governance effectiveness, public services and poverty alleviation. Together these cover almost all public sectors, including agriculture and rural development,
irrigation, environment protection, sanitation, transport, culture, health, education, job creation, aged care, and social services.

The program development objective of the proposed PforR is to improve budget transparency, fiscal risk monitoring, public expenditure management, and delivery of key public services in rural Hunan

Investment Description
  • World Bank (WB)
Contact Information

1/World Bank Contact

Name: Min Zhao

Designation: Senior Economist

Role: Team Leader(ADM Responsible)

Telephone No: 5788+7656

Email: mzhao1@worldbank.org

Name: Sebastian Eckardt

Designation: Lead Economist

Role: Team Leader

Telephone No: 5788+7650

Email: seckardt@worldbank.org

2/Borrower/Client/Recipient

Borrower: Ministry of Finance

Contact: Xiang Peng

Title: Deputy Director

Telephone No: 86-10-68552485

Email: zjc@mof.gov.cn

3/Implementing Agencies

Implementing Agency: Hunan Provincial Finance Department

Contact: Weiping Deng

Title: Director

Telephone No: 86-731-85165180

Email: weipingdeng@outlook.com

Implementing Agency:

Contact: Jihong Zhou

Title: Deputy director

Telephone No: 86-731-85165112

Email: hn_finance@163.com

4/The World Bank Contact
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.