Fujian Mulan River Basin Integrated Ecological Restoration and Management Project

Client: Asian Development Bank

Duration: 2020-present

Location: Xianyou County, PRC

Contract Value: USD 419,930

Loan Project Value: USD 485 million

Catalogue: Environment

Project Description

This transaction technical assistance (TRTA) carries out necessary activities in support of processing ADB’s financing for the proposed Fujian Mulan River Basin Integrated Ecological Restoration and Management Project (the proposed project). This TRTA supports the preparation for ADB’s financing for the proposed project, ensuring the ADB loan ready for approval by ADB’s Boards of Directors. The project will promote financial innovation and an integrated approach for rural vitalization and will bring direct benefits to inclusive development, environmental conservation, and ecological preservation, while targeting global and public goods, and inclusive growth. The project will be aligned with the following impact: quality of rural life enhanced.

The project will promote financial innovation and an integrated approach for rural vitalization and will bring direct benefits to inclusive development, environmental conservation, and ecological preservation, while targeting global and public goods, and inclusive growth. The project will have three outputs: (i) innovative financing mechanism piloted, (ii) institutional capacity for environmental management strengthened, (iii) flood management, ecological restoration, sanitation, and water resources improvement implemented.

Services Provided by NAREE

NAREE provides the transaction technical assistance (TRTA) to prepare the loan project, undertaking due diligence in technical, safeguards, economic and financial, and poverty and socials. NAREE ensures the project in compliance with the domestic and ADB’s requirements and incorporation of international best practices in the project design. Detailed tasks conducted by NAREE during the TRTA includes the followings:

• Baseline study and sector assessment

• Feasibility study report review and project design optimization

• Economic and financial due diligence

• Safeguards due diligence, including survey and field study, environmental, social and resettlement assessment, relevant action plan and review framework development

• Financial and procurement risk assessment of the EA/IA, and risk management planning

• Investment plan and procurement plan preparation

• Institutional capacity building

• Loan project documents preparation and loan negotiation facilitating