The Asian Development Bank (ADB) has approved the project loan for Guangxi Baise Integrated Urban Environmental Improvement Project.

Description

The project aims to redevelop Dongsun subdistrict in Baise City in the Guangxi Zhuang Autonomous Region by improving its transport network as well as rehabilitating its river and flood control systems. The once-bustling Dongsun became an industrial wasteland after state-owned enterprises shut down due to inefficiency. With this project, the city is expected to be revitalized through private companies investing in residential, commercial and mix-used development projects.

Amount 

$80 million from ADB's Ordinary capital resources
 

 
This page was generated from http://www.adb.org/news/briefs/peoples-republic-china-guangxi-baise-integrated-urban-environment-improvement-project on 27 May 2015