Project Number 39905-014
Country China, People's Republic of
Location PRC
Approval Number 7244/44, 7244/2255, 7244/2255(USD)
Type or Modality of Assistance
7244/2255(USD) Loan CNY 25.00 million Committed
7244/2255(USD) Loan USD 25.00 million Committed
7244/44 Complementary Financing Scheme USD 75.00 million Committed
Strategic Agendas Inclusive economic growth
Drivers of Change Private sector development
Sector / Subsector

Energy - Oil and gas transmission and distribution

Gender Equity and Mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Portfolio Management Division, PSOD
Responsible ADB Officer Hayato Hoshi
Project Sponsor(s)
Description The Project supports CGH's investment plan to fund a series of new natural gas distribution infrastructure projects in municipalities in the PRC. The Project aims to develop natural gas distribution infrastructure and address financial constraints faced by municipalities, two key obstacles to natural gas market development in the PRC. The ADB assistance contributed to CGH's investment plan to establish, acquire, and operate natural gas distribution services in municipalities through joint ventures with municipal governments and state-owned enterprises across the PRC. Those joint ventures will provide natural gas distribution services to resident clients, industrial and commercial businesses. The loan funds were channeled to joint ventures by the two CGH wholly owned subsidiaries in the PRC: Zhongran Gas Infrastructure Co (ZIL, formerly CAG) and Zhongran Investment Limited (ZIL).
Objectives and Scope
Linkage to Country/Regional Strategy The Project is in line with ADB's country and energy sector strategies, which emphasize supporting energy infrastructure development with private sector participation and environmentally clean technology.

Safeguard Categories

Environment FI
Involuntary Resettlement C
Indigenous Peoples C

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation

Timetable for assistance design, processing and implementation

Concept Clearance 28 Feb 2005
Due Diligence 15 Aug 2005
Credit Committee Meeting 25 Jul 2006
Approval 30 Aug 2006
PDS Creation Date 04 Aug 2006
Last PDS Update 30 Apr 2014

This page was generated from on 07 December 2016