fbpx 45922-012: Promoting Market Innovation in Developing Social Infrastructure: Old Age Caring | Asian Development Bank

China, People's Republic of: Promoting Market Innovation in Developing Social Infrastructure: Old Age Caring

Sovereign (Public) Project | 45922-012 Status: Closed

Project Details

Project Officer
Van Rijn, Johannes Jacobus Frederik East Asia Department Request for information
  • China, People's Republic of
  • Public sector management
Project Name Promoting Market Innovation in Developing Social Infrastructure: Old Age Caring
Project Number 45922-012
Country China, People's Republic of
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 7949-PRC: Promoting Market Innovation in Developing Social Infrastructure: Old Age Caring
Technical Assistance Special Fund US$ 900,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Knowledge solutions
Sector / Subsector

Public sector management / Social protection initiatives

Gender Equity and Mainstreaming
Project Rationale and Linkage to Country/Regional Strategy
Impact Establishment of modern and commercialized facilities adn systems that are specially designed.
Project Outcome
Description of Outcome Well-designed and innovative investment plan with high demonstration effect for the old-age care industry in the PRC.
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Part A will focus on analyzing the current and future business environment for establishing and operating commercialized old-age service facilities in the PRC and delivering five knoweldge products (KPs),w hich will be published to benefit the general public.

Part B will focus on developing a feasible, viable, affordable, sustainable and replicable business approach and structuring a pilot project that can be accepted by both ADB and the Project sponsors.

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services A consulting firm with direct expertise in the structure and operation of old-age care systems and extensive experience in business plan development will be recruited to undertake the PPTA using the quality- and cost-based selection method at a ratio of 80:20. The PPTA includes an estimated 12 person-months of international consulting services (Senior Project Development Specialist and Senior Business Development Specialist) and 36 person-months of domestic consulting services (Project Development Specialist, Financial Analysis Specialist, Statisticians/Data Analyst, Economist, Social & Environment Specialist, Project Coordinator).
Responsible ADB Officer Van Rijn, Johannes Jacobus Frederik
Responsible ADB Department East Asia Department
Responsible ADB Division Public Mgt, Financial Sector and Regional Coop Division, EARD
Executing Agencies
National Council for Social Security Fund
12/F, A2 Yuetan Bei Street
Xicheng District, Beijing 100045
People's Republic of China
Concept Clearance 31 Oct 2011
Fact Finding 19 Mar 2011 to 05 Apr 2011
Approval 08 Dec 2011
Last Review Mission -
PDS Creation Date 09 Nov 2011
Last PDS Update 09 Nov 2011

TA 7949-PRC

Approval Signing Date Effectivity Date Closing
Original Revised Actual
08 Dec 2011 10 Aug 2012 10 Aug 2012 31 Dec 2012 31 Mar 2015 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
900,000.00 0.00 0.00 0.00 0.00 250,000.00 1,150,000.00 08 Dec 2011 802,035.23

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