Quick Facts

Where the impacts of the investment may be experienced.
  • China
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • World Bank (WB)
Status: Approved
Bank Risk Rating: A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Board Decision Date: 2016-01-19
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower or Client: People's Republic of China, Jingzhou Municipal Urban Development and Investment Co., Ltd.
The holder of the loan, grant, or other investment.
The service or industry focus of the investment. A project can have several sectors.
  • Transport
Investment Type(s): Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD): $ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD): $ 170.51 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ WB website
Updated in EWS: 2017-11-15
Disclosure Date: 2014-12-26
Hubei Jingzhou Historic Town Conservation Project

Project Description
According to World Bank website, the objective of the Hubei Jingzhou Historic Town Conservation Project for China is to conserve cultural heritage and improve water quality and tourism services in selected areas in Jingzhou Municipality. There are four components to the project: Component 1. Being cultural heritage conservation and tourism services improvement. Component 2. Water environment improvement. Component 3. Water environment improvement. This component aims to facilitate access to the cultural heritage sites for residents and tourists alike by improving NMT and public transport options. It will also help improve movement of tourists by upgrading signage. Component 4. Assistance to project management and capacity building. This component aims to strengthen the technical and institutional capacity of the Project Management Office (PMO) and the Project Implementing Agencies (PIAs): provision of support for project management, monitoring, and supervision and independent monitoring of environmental and social safeguards, including the provision of office equipment and supplies; carrying out of capacity building activities, including training, organization of workshops and study tours for relevant staff and key stakeholders; and Provision of technical assistance, including the realization of studies on conservation and restoration of historic sites and neighborhoods, as well as on traffic management for Jingzhou’s historic town.
Investment Description
International Bank For Reconstruction And Development - $100 million
Contact Information
Team Leader: Guangming Yan World Bank No contact information provided at the time of disclosure. Yan F. Zhang Sr Urban Economist, World Bank Telephone No.: 473-2013 Email Address: yanzhang@worldbank.org Ji You Urban Specialist, World Bank Telephone No.: 5788+7765 Email Address: jiyou@worldbank.org Borrower/Client/Recipient: People's Republic of China Mr. Licheng Yao, Director Ministry of Finance Telephone No.: 010-68552064 Email Address: yaolicheng@sina.com Implementing Agency: Hubei Jingzhou PMO Xianliang Yi, Deputy Director of PMO Telephone No.: 0716-8271031 Email Address: jingzhoupmo@163.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.
Bank Documents