People’s Republic of China: Yunnan Integrated Road Network Development Project
In 2 December 2010, ADB provided a loan of $250 million from its ordinary capital resources to finance 14.3% of the project cost, including taxes and duties on expenditures on items funded by ADB. The government financed contingencies and financing charges during implementation. The remaining cost was to be financed by the Ministry of Transport, the Yunnan provincial government, and cofinancing through loans from the Bank of China and the China Construction Bank. The project’s impact was the sustainable economic and social development in Yunnan Province. The expected outcome was an efficient, safe, sustainable, and environment-friendly road transport system in the project area.
This report validates the completion report of the project. IED overall assessment: Highly successful.