On July 4, 2024, the Asian Development Bank (ADB) held the "2024 ADB China Country Project Inspection Seminar" in Beijing, where the 6th "ADB Best Performance Loan Project Award in China" ceremony was presented. A total of nine loan projects stood out from 77 under construction projects nationwide and won the "Best Performance Loan Project Award of ADB in China in 2023".
The award ceremony was presided over by Zhou Aiming, Deputy Chief Representative and General Manager of the Asian Development Bank in China. Muhammad Ehsan Khan, Director of the East Asia Bureau of the Asian Development Bank, Safdar Parvez, Chief Representative of the Asian Development Bank in China, as well as leaders from the Ministry of Finance and the National Development and Reform Commission, presented awards to the award-winning project units.
Easen Company being implemented project management Fujian Xianyou Mulan River Basin Integrated Ecological Improvement and Environmental Management Project has won the Best Performance Loan Project Award from the Asian Development Bank in China.
The project utilizes a $200 million loan from the Asian Development Bank and combines innovative financial solutions, institutional strengthening, new technologies, and climate adaptive infrastructure construction to help improve the comprehensive and sustainable ecosystem protection, as well as water and environmental management of the Mulan River Basin. With strong support from the Fujian Provincial Development and Reform Commission, Provincial Department of Finance, and County Government, the project office, implementing agencies, financial intermediaries, project initiation and implementation experts acted quickly and worked together after the loan agreement was signed, achieving rapid project initiation.