Guangxi Regional Cooperation and Integration Promotion Investment Program (Tranche 2)

Details

Project 50050-004
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Type Loan
Sector Industry and Trade
Country PRC
Start 2018
End 2023
Status Ongoing
Last Edited 05 Jul 2021

Funding

US$('000) 440,000

Project 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.




Progress (as of March 2021)

Loan agreement was signed by ADB and PRC last 1 August 2018.

Contacts

Contact 1
Contact Name Xia, Heng
Organization Asian Development Bank
Email
Contact 2
Contact Name -
Organization -
Email -

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  • By 2025, cross-border trade between Guangxi and Viet Nam doubled (2015 baseline: $16.3 billion).