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Three Gorges Modern Logistics Center Infrastructure Project

Abstract*

The development objective of Three Gorges Modern Logistics Center Infrastructure Project for China is to improve freight transport and logistics services in Yichang. This Project comprises five components. 1) The first component, Baiyang Port and Operations Area, aims to finance the construction of: (i) three container and four bulk cargo berths; and (ii) supporting infrastructure, including, inter alia, cargo and container yards, and the purchase...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The PDO is to improve freight transport and logistics services in Yichang.

Key Details

Project Details

  • P153473

  • Closed

  • Xiaoke Zhai , Anita Shrestha

  • International Dept., Ministry of Finance, People's Republic of China

  • China

  • December 5, 2016

  • (as of board presentation)

    June 30, 2017

  • December 27, 2017

  • US$ 446.00 million

  • Yichang PMO

  • East Asia and Pacific

  • 2017

  • US$ 200.00 million

  • A

  • November 16, 2023

  • December 31, 2024

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 200.00
Borrower/Recipient 246.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 200.00
IDA Commitment N/A
IBRD + IDA Commitment 200.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 446.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 7, 2024 IBRD-87660 Loan Disb 14,248,483.00
Mar 12, 2021 IBRD-87660 Loan Disb 13,352,810.00
May 1, 2024 IBRD-87660 Int Charges 116,784.89
May 1, 2024 IBRD-87660 Int Charges 3,446,859.00
May 1, 2024 IBRD-87660 Loan Repay 1,486,908.00
Nov 1, 2023 IBRD-87660 Int Charges 1,173.95
Nov 1, 2023 IBRD-87660 Int Charges 61,480.71
Nov 1, 2023 IBRD-87660 Int Charges 123,704.68
Nov 1, 2023 IBRD-87660 Int Charges 3,307,897.50
Jun 30, 2017 IBRD-87660 Loan Commitment 200,000,000.00
Jun 20, 2024 IBRD-87660 Loan Disb 8,860,468.00
May 13, 2024 IBRD-87660 Loan Disb 6,272,411.50
May 1, 2021 IBRD-87660 Int Charges 208,232.97
May 1, 2021 IBRD-87660 Int Charges 175,725.55
Nov 1, 2021 IBRD-87660 Int Charges 4,572.88
Nov 1, 2021 IBRD-87660 Int Charges 18,423.62
Nov 1, 2021 IBRD-87660 Int Charges 199,704.22
Nov 1, 2021 IBRD-87660 Int Charges 263,265.25
Dec 22, 2021 IBRD-87660 Loan Disb 9,023,706.00
May 1, 2022 IBRD-87660 Int Charges 188,413.38
May 1, 2022 IBRD-87660 Int Charges 294,550.34
Dec 5, 2022 IBRD-87660 Loan Disb 6,810,025.50
Oct 6, 2022 IBRD-87660 Loan Disb 12,789,477.00
Nov 1, 2022 IBRD-87660 Int Charges 186,054.30
Nov 1, 2022 IBRD-87660 Int Charges 850,540.44
May 1, 2023 IBRD-87660 Int Charges 2,277.59
May 1, 2023 IBRD-87660 Int Charges 83,302.61
May 1, 2023 IBRD-87660 Int Charges 153,655.94
Apr 20, 2023 IBRD-87660 Loan Disb 13,167,513.00
May 1, 2023 IBRD-87660 Int Charges 2,039,103.00
Apr 25, 2023 IBRD-87660 Loan Disb 4,425,628.50
Feb 10, 2023 IBRD-87660 Loan Disb 9,087,620.00
Feb 10, 2023 IBRD-87660 Loan Disb 5,000,000.00
Nov 1, 2023 IBRD-87660 Loan Repay 1,466,539.50
Dec 27, 2017 IBRD-87660 Loan Disb 500,000.00
Dec 27, 2017 IBRD-87660 Fee Charges 500,000.00
Nov 1, 2018 IBRD-87660 Int Charges 249,746.58
Nov 1, 2018 IBRD-87660 Int Charges 8,918.90
May 1, 2018 IBRD-87660 Int Charges 4,392.37
May 1, 2018 IBRD-87660 Int Charges 248,886.98
Jun 19, 2019 IBRD-87660 Loan Disb 8,158,710.00
May 3, 2019 IBRD-87660 Loan Disb 2,000,000.00
May 1, 2019 IBRD-87660 Int Charges 1,678.08
May 1, 2019 IBRD-87660 Int Charges 22,073.30
May 1, 2019 IBRD-87660 Int Charges 238,647.27
May 1, 2019 IBRD-87660 Int Charges 142,914.56
Sep 27, 2018 IBRD-87660 Loan Disb 7,000,000.00
Nov 1, 2019 IBRD-87660 Int Charges 232,565.58
Nov 1, 2019 IBRD-87660 Int Charges 285,332.97
May 1, 2020 IBRD-87660 Int Charges 226,889.27
May 1, 2020 IBRD-87660 Int Charges 259,789.05
Aug 26, 2020 IBRD-87660 Loan Disb 6,000,000.00
Aug 25, 2020 IBRD-87660 Loan Disb 4,527,526.50
Nov 1, 2020 IBRD-87660 Int Charges 224,323.27
Nov 1, 2020 IBRD-87660 Int Charges 196,853.98
May 1, 2024 IBRD-87660 Int Charges 19,563.35

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Monitoring and Evaluation Satisfactory 2024-06-25
Overall Implementation Progress (IP) Moderately Satisfactory 2024-06-25
Progress towards achievement of PDO Moderately Satisfactory 2024-06-25
Overall Safeguards Rating Satisfactory 2024-06-25
Financial Management Moderately Satisfactory 2024-06-25
Procurement Moderately Satisfactory 2024-06-25
Project Management Moderately Satisfactory 2024-06-25

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Throughput in the Baiyang Port (13 berths) (tons)Value0.006150000.007630000.00
    DateFebruary 28, 2017November 30, 2023September 29, 2023
    Comment
  • Percentage of container throughput in the Baiyang Port (%)Value0.0055.0040.00
    DateFebruary 28, 2017November 30, 2023September 29, 2023
    Comment
  • Empty-running rates of freight trucks in/out of Baiyang Logistics Park (%)Value45.0045.0040.00
    DateFebruary 28, 2017November 30, 2023September 30, 2023
    Comment
  • Businesses in the Baiyang logistics park that use the project funded information system (%)Value0.000.0050.00
    DateFebruary 28, 2017November 30, 2023September 30, 2023
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of berths constructedValue0.004.007.00
    DateFebruary 28, 2017November 30, 2023September 30, 2023
    Comment
  • Area of warehouses constructed 1,000 m2?Value0.0042.3064.00
    DateFebruary 28, 2017November 30, 2023September 29, 2023
    Comment
  • Kilometers of new urban roads constructedValue0.002.502.50
    DateFebruary 28, 2017November 30, 2023September 29, 2023
    Comment
  • Number of the sub-functions of the ITS platform in operationValue0.000.0015.00
    DateFebruary 28, 2017November 30, 2023September 29, 2023
    Comment
  • Baiyang Port & Logistics Park Operation Study satisfactorily completed (Yes/No)ValueNoYesYes
    DateFebruary 28, 2017November 30, 2023September 30, 2023
    Comment
  • Area of cargo yards paved 1,?000 m2Value0.009.80156.10
    DateFebruary 28, 2017November 30, 2023September 29, 2023
    Comment
  • Resettlement External Monitoring carried out annually (Yes/No)ValueNoYesYes
    DateFebruary 28, 2017November 30, 2023September 30, 2023
    Comment
  • Number of businesses signing up to rent in the parkValue0.009.0010.00
    DateFebruary 28, 2017November 30, 2023September 29, 2023
    Comment
  • Study ToursValue0.005.0016.00
    DateFebruary 28, 2017November 30, 2023September 30, 2021
    Comment
  • Staff trained (Person-days)Value0.001810.002000.00
    DateFebruary 28, 2017November 30, 2023September 30, 2023
    Comment
  • female staff trained (Percentage)Value0.0091.0090.00
    DateFebruary 28, 2017November 30, 2023September 30, 2023
    Comment