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... Show More

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

Project ID
P158215
Status
Active
Team Leader
Ahmed Eiweida , Minghe Tao
Borrower 2
People's Republic of China

Country
China
Disclosure Date
June 19, 2017
Approval Date
(as of board presentation)
June 4, 2019
Effective Date
November 11, 2019

Total Project Cost 1
US$ 250.00 million
Implementing Agency
Gansu Provincial Department of Culture and Tourism,Gansu Financing Holding Group
Region
East Asia and Pacific
Fiscal Year 3
2019

Commitment Amount
US$ 180.00 million
Environmental Category
A
Last Update Date
August 15, 2024
Closing Date
June 30, 2025

Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change36%
- FY17 - Adaptation6%
- FY17 - Mitigation28%

FY17 - Finance

FY17 - Financial Infrastructure and Access37%
- FY17 - MSME Finance37%

FY17 - Human Development and Gender

FY17 - Gender100%

FY17 - Private Sector Development

FY17 - Enterprise Development72%
- FY17 - MSME Development72%
FY17 - Jobs100%
- FY17 - Job Creation100%

FY17 - Urban and Rural Development

FY17 - Cultural Heritage100%
FY17 - Rural Development100%
- FY17 - Rural Non-farm Income Generation100%
FY17 - Urban Development72%
- FY17 - Urban Infrastructure and Service Delivery72%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

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

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

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

INDICATOR		BASELINE	CURRENT	TARGET

1A Number of new jobs created by project-supported MSEs (disaggregated by national bottom 40% and gender) Value 0.00 3168.00 3300.00
Date March 29, 2019 November 30, 2023 June 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)	Value	0.00	2440.00	4676098.00
	Date	March 29, 2019	November 30, 2023	June 30, 2025
	Comment

3A Number of PFIs that have completed and executed their institutional development plans with project's support. Value 0.00 1.00 3.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
4 Beneficiaries satisfied with project results (disaggregated by gender) Value 0.00 93.00 80.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment

1B Number of new jobs created in project-supported creative industries and tourism facilities (disaggregated by bottom 40% and gender)	Value	0.00	679.00	2205.00
	Date	March 29, 2019	November 30, 2023	June 30, 2025
	Comment

3B Number of integrated culture and tourism strategies adopted and budgeted in provincial and local plans Value 0.00 0.00 6.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
1C Amount of co-financing leveraged by the Participating Financial Institutions (PFIs) Value 0.00 50000000.00 100000000.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

1.1 Number of MSEs benefiting from line of credit (disaggregated by national bottom 40% and percent of female owners) Value 0.00 4811.00 1380.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
2.1 Length of sewerage networks constructed or rehabilitated Value 0.00 5.71 59.50
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
3.1 Number of MSEs received business start-up advisory services (disaggregated by national bottom 40% and gender) Value 0.00 0.00 180.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
2.2 Number of households with access to improved sanitation Value 0.00 205.00 8211.00
Date March 29, 2019 November 30, 2023 June 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 institutions	Value	NA	Yes	Yes
	Date	March 29, 2019	November 30, 2023	June 30, 2025
	Comment

1.2 Number of PFIs in the project Value 0.00 1.00 3.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
2.3 Length of electricity networks constructed or rehabilitated Value 0.00 0.00 5.45
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
3.3 Number of trained staff in participating financial institutions (disaggregated by gender). Value 0.00 0.00 200.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
2.4 Length of roads constructed or rehabilitated Value 0.00 6.22 66.22
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
3.4 Site management plans in place with budget Value 0.00 0.00 3.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
2.5 Area of green space constructed or upgraded Value 0.00 0.00 534.33
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment

3.5 Number of staff trained on urban-rural regeneration, creative industries, site management and tourism policies (disaggregated by gender)	Value	0.00	1085.00	560.00
	Date	March 29, 2019	November 30, 2023	June 30, 2025
	Comment

2.6 Number of traditional houses and public buildings restored Value 0.00 135.00 200.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
3.6 Socioeconomic impact evaluation surveys conducted and evaluated Value 0.00 2.00 4.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
2.7 Number of creative industry centers and tourism facilities constructed Value 0.00 0.00 11.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
3.7 Number of periodic project dissemination strategies developed and accompanying knowledge materials produced Value 0.00 1.00 3.00
Date March 29, 2019 November 30, 2023 June 30, 2025
Comment
3.8 Number of global knowledge dissemination events completed (conferences, workshops and expos) Value 0.00 3.00 8.00
Date March 17, 2022 November 30, 2023 June 30, 2025
Comment

1.2 Number of PFIs in the project	Value	0.00	1.00	3.00
	Date	March 29, 2019	November 30, 2023	June 30, 2025
	Comment

Gansu Revitalization and Innovation Project

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of February 28, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS