China, People's Republic of: PRC: LOAN PROGRAM FOR CLEAN BUS LEASING - FAR EAST HORIZON LIMITED
PRC: LOAN PROGRAM FOR CLEAN BUS LEASING - FAR EAST HORIZON LIMITED
Guadix Martin, Pablo A.
Private Sector Operations Department
Request for information
China, People's Republic of
|Project Name||PRC: LOAN PROGRAM FOR CLEAN BUS LEASING - FAR EAST HORIZON LIMITED|
|Borrower / Company||Far East Horizon Limited
|Country / Economy||China, People's Republic of
|Type or Modality of Assistance||
|Strategic Agendas||Environmentally sustainable growth
Inclusive economic growth
|Drivers of Change||Private sector development
|Sector / Subsector||
Transport / Urban public transport
|Gender Equity and Mainstreaming||No gender elements|
|Responsible ADB Department||Private Sector Operations Department|
|Responsible ADB Division||Portfolio Management Division, PSOD|
|Responsible ADB Officer||Guadix Martin, Pablo A.|
|Description||PRC: LOAN PROGRAM FOR CLEAN BUS LEASING - FAR EAST HORIZON LIMITED|
|Objectives and Scope||To finance the leasing of clean buses.|
|Status of Development Objectives||In progress|
|Status of Operation/Construction||Operation|
|Linkage to Country/Regional Strategy||The program is fully in line with the priorities of ADB's country partnership strategy, 2011-2015 for the PRC. It is aligned with the strategy emphasis on mainstreaming climate change considerations and support for green finance. The program supports financial sector development, one of the private sector operational focuses identified in the country partnership strategy. It also supports the implementation of the PRC's twelfth Five-Year Plan, which accentuates resource conservation and environmental protection and attaches top priority to improving energy efficiency, reducing pollution emissions, and developing cleaner and renewable energy.|
|Summary of Environmental and Social Aspects|
|Environmental Aspects||The program will have no or only minimal environmental impacts.|
|Involuntary Resettlement||The program funded the leasing of buses running on cleaner fuels, buses that are energy-efficient or use new energy sources, and conventional buses that meet the most advanced environmental regulatory thresholds for emissions. The program does not cause involuntary resettlement impact.|
|Indigenous Peoples||The program funded the leasing of buses running on cleaner fuels, buses that are energy-efficient or use new energy sources, and conventional buses that meet the most advanced environmental regulatory thresholds for emissions. The program does not impact on Indigenous Peoples (IPs) or IP communities.|
|Stakeholder Communication, Participation, and Consultation||During program preparation, ADB had consultation or discussions with (i) five FLCs, (ii) urban or intercity public transport operators; (iii) the state tourism asset holding company in Hubei Province, (iv) transport IT system developer in Shanghai; (v) a bus manufacturer based in Wuhan; (vi) the China Banking Regulatory Commission, the Ministry of Finance, and local government departments; (vii) potential co-financing partners; and (viii) a public transport operator in France that may be a potential partner in providing technical assistance.|
|Timetable for assistance design, processing and implementation|
|Credit Committee Meeting||22 Oct 2012|
|Approval||15 Jan 2013|
|PDS Creation Date||14 Dec 2012|
|Last PDS Update||02 Aug 2021|
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
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|Title||Document Type||Document Date|
|Senior Loan - Clean Bus Leasing: Extended Annual Review Report||Extended Annual Review Reports||Sep 2016|
|中国: 清洁公共汽车租赁贷款项目: 项目数据表||Translated PDS||May 2013|
|Proposed Loan Program for Clean Bus Leasing||Reports and Recommendations of the President||Dec 2012|
|Loan Program for Clean Bus Leasing||Initial Poverty and Social Analysis||Oct 2012|
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
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