China, People's Republic of: Industrial and Municipal Wastewater Treatment Project

Nonsovereign (Private) Project | 53143-001

A senior loan of up to $60 million to finance the development and operations of wastewater treatment plants for industrial and municipal wastewater

Project Details

  • Project Officer
    Guadix Martin, Pablo A.
    Private Sector Operations Department
    Request for information
  • Country
    China, People's Republic of
  • Sector
    • Finance
Project Name Industrial and Municipal Wastewater Treatment Project
Project Number 53143-001
Borrower/Company Maxwealth Financial Leasing Co., Ltd.
Country China, People's Republic of
Location Nation-wide
Type or Modality of Assistance
3811 Loan Ordinary capital resources USD 60.00 million Committed
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Private sector development
Sector / Subsector

Finance / Finance sector development

Water and other urban infrastructure and services / Urban sewerage

Gender Equity and Mainstreaming Some gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Portfolio Management Division, PSOD
Responsible ADB Officer Guadix Martin, Pablo A.
Project Sponsor(s)
Description A senior loan of up to $60 million to finance the development and operations of wastewater treatment plants for industrial and municipal wastewater
Objectives and Scope The project entails ADB providing long-tenor financing to MWFL for lease finance to wastewater treatment plants for industrial and municipal wastewater treatment in the PRC. ADB's financing will meet MWFL's funding requirements for long-term funding, which is in short supply in the PRC. This will enable the company to provide longer-tenor lease finance to wastewater treatment plants.
Status of Development Objectives In progress
Status of Operation/Construction Operation. The loan has been fully disbursed.
Linkage to Country/Regional Strategy The project is consistent with ADB's country partnership strategy, 2016 2020 for the PRC, as it will support the government's reform agenda to manage environmental challenges to reduce water pollution, and to finance private sector projects with innovative technologies and business models to support green cities development
Safeguard Categories
Environment FI
Involuntary Resettlement FI
Indigenous Peoples FI-C
Summary of Environmental and Social Aspects
Environmental Aspects The project is also aligned with ADB's Strategy 2030 and supports the two operational priorities: (i) tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability; (ii) making cities more livable.
Involuntary Resettlement MFWL's wastewater treatment leasing business is not expected to involve new land acquisition and/or significant land acquisition and involuntary resettlement impacts as its leases are for wastewater treatment equipment and pipelines of wastewater treatment plants which have completed civil construction work.
Indigenous Peoples Development and operation of wastewater treatment plants of MWFL clients will not directly or indirectly affects the dignity, human rights, livelihood systems, or culture of Indigenous Peoples or affect the territories or natural or cultural resources that Indigenous Peoples own, use, occupy, or claim as an ancestral domain or asset.
Stakeholder Communication, Participation, and Consultation Arrangement for stakeholder engagement, meaningful consultation and grievance redress procedures will be included in the ESMS.
Timetable for assistance design, processing and implementation
Concept Clearance 16 Apr 2019
Credit Committee Meeting 10 Jul 2019
Approval 06 Sep 2019
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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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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Related Publications

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