Last updated at: (Beijing Time) Wednesday, August 27, 2003
ADB Approves Grant to Help Chinese Road Development Project
The Asian Development Bank (ADB) has approved a 500,000 -US dollar technical assistance (TA) grant to help prepare a road development project in China's Guangxi Zhuang Autonomous Region.
The Asian Development Bank (ADB) has approved a 500,000 -US dollar technical assistance (TA) grant to help prepare a road development project in China's Guangxi Zhuang Autonomous Region.
The TA will assist the Guangxi Communications Department to undertake a feasibility study, environmental impact assessment, resettlement plan, and poverty impact analysis of the project, the Manila-based ADB said in a statement.
The eventual road project will be a 188.6-kilometer expressway from a town in Nanning Prefecture, passing through several counties to Baise city. Local access roads will be included to benefit the rural poor.
"The project will provide a passage for the western region to the seaports of Guangxi; Hong Kong Special Administrative Region (SAR) and Macao SAR," said Kim Jraiw, an ADB Transport Specialist.
"Within the province, it will promote economic growth and reduce poverty. Regionally, it will spur cooperation between China, Vietnam and countries of the Greater Mekong subregion, as well as encourage overseas trade," Kim added.
The direct project influence area embraces a total population of 1.9 million. This would be third ADB-backed road project for the region.
Guangxi is a major agricultural center whose mineral deposits could support moderate industrial development. But the lack of transport infrastructure has restrained the region's economic development.