The second tranche of the multitranche financing facility (MFF) will cover major investments of the MFF, including investments in border-connectivity and border economic zones (BEZ). In line with the framework financing agreement, those investments strongly support Guangxi Zhuang Autonomous Region's (GZAR) Strategy and Action Plan for participation in the Greater Mekong Subregion (GMS) Program, aiming to deepen economic cooperation and integration with ASEAN member countries.
|Project Name||Guangxi Regional Cooperation and Integration Promotion Investment Program (Tranche 2)|
|Country||China, People's Republic of
|Project Type / Modality of Assistance||Loan
|Source of Funding / Amount||
|Strategic Agendas||Environmentally sustainable growth
Inclusive economic growth
|Drivers of Change||Gender Equity and Mainstreaming
Private sector development
|Sector / Subsector||
Finance / Small and medium enterprise finance and leasing
Industry and trade / Industry and trade sector development
Transport / Road transport (non-urban) - Urban public transport
|Gender Equity and Mainstreaming||Some gender elements|
|Description||The second tranche of the multitranche financing facility (MFF) will cover major investments of the MFF, including investments in border-connectivity and border economic zones (BEZ). In line with the framework financing agreement, those investments strongly support Guangxi Zhuang Autonomous Region's (GZAR) Strategy and Action Plan for participation in the Greater Mekong Subregion (GMS) Program, aiming to deepen economic cooperation and integration with ASEAN member countries.|
|Project Rationale and Linkage to Country/Regional Strategy||The MFF purpose is to help the Guangxi Zhuang Autonomous Region (GZAR) implement its strategies and action plans for regional cooperation and integration (RCI) with countries of the Association of Southeast Asian Nations (ASEAN), focusing on developing the North-South Economic Corridor (NSEC) under the GMS Cooperation Program. Tranche 2 will cover major investments of the MFF, including investments in cross border-connectivity and BEZs.|
Economic growth potential for border areas in the PRC and Viet Nam realized.
Efficient transport and trade operations along GMS North South Economic Corridor achieved.
Economic integration between GZAR and rest of the GMS further strengthened.
|Description of Outcome||Benefits of regional cooperation and integration in border areas of Guangxi and northern Viet Nam captured.|
|Progress Toward Outcome|
|Description of Project Outputs||
Development of small and medium-sized enterprises (SME) enhanced
Cross-border e-commerce platforms developed
Key infrastructure and services in BEZs provided
Physical and people-connectivity for regional cooperation and integration (RCI) improved.
|Status of Implementation Progress (Outputs, Activities, and Issues)|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation|
|Responsible ADB Officer||Lee, Seung Min|
|Responsible ADB Department||East Asia Department|
|Responsible ADB Division||Public Mgt, Financial Sector and Regional Coop Division, EARD|
Government of Guangxi Zhuang Autonomous Region, through Guangxi Foreign Loans Project Management Office
18th Floor, Guangxi Development Plaza
East Building, No. 111-1 Minzu_Avenue
|MRM||19 Jul 2017|
|Approval||04 Apr 2018|
|Last Review Mission||-|
|Last PDS Update||10 Apr 2018|
|Approval||Signing Date||Effectivity Date||Closing|
|04 Apr 2018||-||-||30 Nov 2023||-||-|
|Financing Plan||Loan Utilization|
|Total (Amount in US$ million)||Date||ADB||Others||Net Percentage|
|Project Cost||440.00||Cumulative Contract Awards|
|ADB||180.00||04 Apr 2018||0.00||0.00||0%|
|Cofinancing||0.00||04 Apr 2018||0.00||0.00||0%|
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