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Gansu Revitalization and Innovation Project

Abstract*

The development objectives of Gansu Revitalization and Innovation Project for China are to increase income-generating opportunities, improve access to infrastructure and services, and strengthen institutional capacity of participating entities. This project has three components. 1) The first component, Increased Access to Financial Services for MSEs, aims to support private sector development through the provision of financing for new or existing...

* 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 project development objectives are to increase income-generating opportunities, improve access to infrastructure and services, and strengthen institutional capacity of participating entities.

Key Details

Project Details

  • P158215

  • Active

  • Ahmed Eiweida , Minghe Tao

  • People's Republic of China

  • China

  • June 19, 2017

  • (as of board presentation)

    June 4, 2019

  • November 11, 2019

  • US$ 250.00 million

  • Gansu Provincial Department of Culture and Tourism,Gansu Financing Holding Group

  • East Asia and Pacific

  • 2019

  • US$ 180.00 million

  • A

  • August 15, 2024

  • June 30, 2025

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 180.00
Borrowing Country's Fin. Intermediary/ies 100.00
Municipalities of Borrowing Country 32.63

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 180.00
IDA Commitment N/A
IBRD + IDA Commitment 180.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 250.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 1, 2020 IBRD-89710 Int Charges 160,972.84
Feb 17, 2020 IBRD-89700 Fee Charges 120,860.43
Feb 17, 2020 IBRD-89710 Fee Charges 314,074.50
Jun 1, 2020 IBRD-89710 Int Charges 67,885.80
Jun 1, 2020 IBRD-89700 Int Charges 26,123.43
Jun 1, 2020 IBRD-89700 Int Charges 61,944.68
Dec 2, 2020 IBRD-89700 Loan Disb 4,820,800.00
Mar 22, 2021 IBRD-89710 Loan Disb 595,525.00
Dec 1, 2020 IBRD-89700 Int Charges 66,732.74
Dec 1, 2020 IBRD-89710 Int Charges 173,415.39
Jun 1, 2021 IBRD-89710 Int Charges 176,216.19
Jun 1, 2021 IBRD-89710 Int Charges 831.67
Jun 1, 2021 IBRD-89700 Int Charges 61,866.38
Jun 1, 2021 IBRD-89700 Int Charges 21,877.84
Jun 18, 2021 IBRD-89710 Loan Disb 595,900.00
Jun 21, 2021 IBRD-89700 Loan Disb 1,784,325.00
Oct 28, 2021 IBRD-89700 Loan Disb 4,410,470.00
Dec 1, 2021 IBRD-89710 Int Charges 162,387.55
Dec 1, 2021 IBRD-89710 Int Charges 3,951.20
Dec 1, 2021 IBRD-89700 Int Charges 54,716.16
Dec 1, 2021 IBRD-89700 Int Charges 28,252.80
Jun 24, 2022 IBRD-89700 Loan Disb 3,161,400.00
Oct 15, 2021 IBRD-89710 Loan Disb 2,322,300.00
Jun 1, 2022 IBRD-89700 Int Charges 948.43
Jun 1, 2022 IBRD-89700 Int Charges 2,590.25
Jun 1, 2022 IBRD-89700 Int Charges 47,161.42
Jun 1, 2022 IBRD-89700 Int Charges 44,847.22
Dec 8, 2021 IBRD-89710 Loan Disb 1,850,932.80
Jun 2, 2022 IBRD-89710 Loan Disb 1,442,973.00
Jun 24, 2022 IBRD-89710 Loan Disb 2,107,600.00
Jun 10, 2022 IBRD-89710 Loan Disb 100,627.40
Aug 12, 2022 IBRD-89710 Loan Disb 1,029,200.00
Aug 16, 2022 IBRD-89710 Loan Disb 2,111,366.00
Jun 1, 2022 IBRD-89710 Int Charges 1,324.85
Jun 1, 2022 IBRD-89710 Int Charges 148,403.42
Jun 1, 2022 IBRD-89710 Int Charges 18,023.92
Jun 1, 2022 IBRD-89710 Int Charges 690.04
Jan 6, 2023 IBRD-89710 Loan Disb 2,784,451.20
Nov 17, 2022 IBRD-89710 Loan Disb 3,192,565.80
Dec 23, 2021 IBRD-89710 Loan Disb 312,750.12
Dec 1, 2022 IBRD-89700 Int Charges 42,750.15
Dec 1, 2022 IBRD-89700 Int Charges 81,605.33
Dec 1, 2022 IBRD-89710 Int Charges 138,336.73
Dec 1, 2022 IBRD-89710 Int Charges 57,387.72
Sep 12, 2023 IBRD-89710 Loan Disb 4,229,837.00
Apr 3, 2023 IBRD-89710 Loan Disb 3,351,576.50
Jul 27, 2023 IBRD-89710 Loan Disb 4,513,036.00
May 26, 2023 IBRD-89710 Loan Disb 2,788,625.00
Jun 1, 2023 IBRD-89710 Int Charges 316.86
Jun 1, 2023 IBRD-89710 Int Charges 1,083.85
Jun 1, 2023 IBRD-89710 Int Charges 131,033.40
Jun 1, 2023 IBRD-89710 Int Charges 326,502.28
Jun 30, 2023 IBRD-89710 Loan Disb 2,289,807.50
Sep 7, 2023 IBRD-89700 Loan Disb 1,391,780.00
Jun 1, 2023 IBRD-89700 Int Charges 43,119.14
Jun 1, 2023 IBRD-89700 Int Charges 254,381.95
Dec 1, 2023 IBRD-89710 Int Charges 20,165.96
Dec 1, 2023 IBRD-89710 Int Charges 117,599.53
Dec 1, 2023 IBRD-89710 Int Charges 793,532.40
Nov 7, 2023 IBRD-89710 Loan Disb 5,082,168.00
Dec 8, 2023 IBRD-89710 Loan Disb 1,055,241.10
Dec 1, 2023 IBRD-89700 Int Charges 43,292.44
Dec 1, 2023 IBRD-89700 Int Charges 365,253.94
Dec 1, 2023 IBRD-89710 Int Charges 1,474.00
Aug 27, 2024 IBRD-89700 Loan Disb 89,320.00
May 31, 2024 IBRD-89700 Loan Disb 6,000,050.00
Feb 29, 2024 IBRD-89710 Loan Disb 2,447,900.00
Apr 12, 2024 IBRD-89710 Loan Disb 4,060,810.80
Jan 12, 2024 IBRD-89710 Loan Disb 2,391,603.80
Jul 3, 2024 IBRD-89710 Loan Disb 2,988,201.80
Mar 22, 2024 IBRD-89710 Loan Disb 201,474.20
Jun 1, 2024 IBRD-89710 Int Charges 16,060.73
Jun 1, 2024 IBRD-89710 Int Charges 99,434.80
Jun 1, 2024 IBRD-89710 Int Charges 1,187,873.60
Aug 16, 2024 IBRD-89700 Loan Disb 4,100,575.50
Jun 1, 2024 IBRD-89700 Int Charges 42,022.29
Jun 1, 2024 IBRD-89700 Int Charges 403,552.00
Jun 1, 2024 IBRD-89710 Int Charges 849.20
Jun 4, 2019 IBRD-89700 Loan Commitment 50,000,000.00
Jun 4, 2019 IBRD-89710 Loan Commitment 130,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Satisfactory 2024-12-19
Project Management Satisfactory 2024-12-19
Financial Management Satisfactory 2024-12-19
Overall Implementation Progress (IP) Moderately Satisfactory 2024-12-19
Progress towards achievement of PDO Moderately Satisfactory 2024-12-19
Monitoring and Evaluation Satisfactory 2024-12-19

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • 1A Number of new jobs created by project-supported MSEs (disaggregated by national bottom 40% and gender)Value0.003168.003300.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 2A Number of people benefiting from urban-rural regeneration, including improved access to infrastructure and services, in the project areas (disaggregated by bottom 40% and gender)Value0.002440.004676098.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 3A Number of PFIs that have completed and executed their institutional development plans with project's support.Value0.001.003.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 4 Beneficiaries satisfied with project results (disaggregated by gender)Value0.0093.0080.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 1B Number of new jobs created in project-supported creative industries and tourism facilities (disaggregated by bottom 40% and gender)Value0.00679.002205.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 3B Number of integrated culture and tourism strategies adopted and budgeted in provincial and local plansValue0.000.006.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 1C Amount of co-financing leveraged by the Participating Financial Institutions (PFIs)Value0.0050000000.00100000000.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • 1.1 Number of MSEs benefiting from line of credit (disaggregated by national bottom 40% and percent of female owners)Value0.004811.001380.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 2.1 Length of sewerage networks constructed or rehabilitatedValue0.005.7159.50
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 3.1 Number of MSEs received business start-up advisory services (disaggregated by national bottom 40% and gender)Value0.000.00180.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 2.2 Number of households with access to improved sanitationValue0.00205.008211.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 3.2 Non-performing loan ratio of sub-borrowers is less than 5% in new portfolio financed under the project as a result of increasedcapacity of participating financial institutionsValueNAYesYes
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 1.2 Number of PFIs in the projectValue0.001.003.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 2.3 Length of electricity networks constructed or rehabilitatedValue0.000.005.45
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 3.3 Number of trained staff in participating financial institutions (disaggregated by gender).Value0.000.00200.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 2.4 Length of roads constructed or rehabilitatedValue0.006.2266.22
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 3.4 Site management plans in place with budgetValue0.000.003.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 2.5 Area of green space constructed or upgradedValue0.000.00534.33
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 3.5 Number of staff trained on urban-rural regeneration, creative industries, site management and tourism policies (disaggregated by gender)Value0.001085.00560.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 2.6 Number of traditional houses and public buildings restoredValue0.00135.00200.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 3.6 Socioeconomic impact evaluation surveys conducted and evaluatedValue0.002.004.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 2.7 Number of creative industry centers and tourism facilities constructedValue0.000.0011.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 3.7 Number of periodic project dissemination strategies developed and accompanying knowledge materials producedValue0.001.003.00
    DateMarch 29, 2019November 30, 2023June 30, 2025
    Comment
  • 3.8 Number of global knowledge dissemination events completed (conferences, workshops and expos)Value0.003.008.00
    DateMarch 17, 2022November 30, 2023June 30, 2025
    Comment