On 8 December 2009, ADB approved a multitranche financing facility (MFF) in the amount of $1.0 billion to the Government of the People's Republic of China (PRC) for the Railway Energy Efficiency and Safety Enhancement Investment Program from ADB's ordinary capital resources with interest determined in accordance with ADB's LIBOR-based lending facility and such other terms and conditions set forth in the related loan agreement. The Framework Financing Agreement (FFA) was signed between the PRC and ADB on 10 November 2009. The impact of the investment program will be an improved transport system in the southwestern region of the PRC that supports sustainable socioeconomic development. The outcome will be an energy-efficient, safe, reliable, affordable, and environment-friendly railway transport system developed in the region.
Latest Project Documents
Consulting NoticesSee also: CMS
Procurement NoticesSee also: Operational Procurement
|Railway Energy Efficiency and Safety Enhancement Investment Program - Tranche 5: Procurement Plan||Dec 2013|
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