ADB Loan Fujian Xianyou Mulan River Basin Integrated Ecological Improvement and Environmental Management Project

Easen and the Management Office of the ADB Loan Project for Soil and Water Conservation and Rural Development in Xianyou County, Fujian Province signed a consulting service contract in September 2023 regarding the ADB Loan Project for Comprehensive Ecological Environment Management and Improvement in the Mulan River Basin of Xianyou County, Fujian Province

 

On August 26, 2022, the Asian Development Bank approved a loan of 190 million euros (equivalent to 200 million US dollars) from its ordinary capital resources for the comprehensive ecological improvement and environmental management project in the Mulan River Basin in Xianyou, Fujian. The loan and project agreement was signed on November 11, 2022, and the loan became effective on February 10, 2023. The project will be actually completed on November 30, 2028, and the loan will end on May 31, 2029. This project meets the following impacts: ecological restoration and rural livelihoods are strengthened. The project will achieve the following results: the ecological and environmental risks in the Mulan River Basin will be alleviated.

 

The consulting service will start based on the start date and will continue until May 31, 2029. The consulting services for project management and technical support will include but are not limited to: (1) project management; (2) Provide convenience for the selection and final determination of sub projects and sub borrowers under financial intermediary loans; (3) Provide convenience for procurement, payment, and contract management; (4) Construction management, including planning, supervision, and monitoring; (5) Financial management, including facilitating loan disbursement applications and preparing annual project financial statements; (6) Project performance monitoring and reporting requirements, including regular preparation of project progress reports in a format acceptable to the Asian Development Bank; (7) Security management and monitoring, including regular monitoring reports specified in the Environmental and Social Security Management System (ESMS); (8) Promote the implementation of social action plans, gender action plans, and environmental management development plans; (9) Assist the project office and relevant departments in carrying out public participation and consultation, raising public awareness of environmental protection, education and knowledge sharing activities, and training; (10) Evaluate the project execution status during the mid-term and completion stages; And (11) provide convenience for the regular visit of the Asian Development Bank to review project progress.