ADB Loan to Boost Road Transport in China's Gansu Province
The Asian Development Bank (ADB) will provide a US$300 million loan to develop a reliable and efficient road transport system in southern China's Gansu province, one of the country's most impoverished areas. With over half of the towns lacking all-weather roads and some villages without access to roads, the project aims to ease access to essential services and link the region to economic growth centers. The loan is a crucial step towards improving the lives of 4.6 million people in the region, who currently face travel times of up to 7 hours between Wudu and Guanzigou.
Key Takeaways:
- The project will build a 134 km expressway from Wudu to Guanzigou, upgrading 357 km of rural roads and erecting 200 town bus stations.
- The ADB loan will cover 18% of the total project cost of US$1.66 billion, with the remainder coming from domestic sources.
- The project is expected to benefit 4.6 million people in the region by reducing travel times and increasing access to economic and social services.
- The pilot-test of a road transport action plan in Longnan will provide training and consulting services to improve the capacity of local transport authorities.
- The project aims to address the issue of poor road infrastructure, which is a major contributor to poverty in the region.
- The project will have a significant impact on the daily lives of people in the region, particularly in terms of access to employment, education, and healthcare.
Statistics:
- Total project cost: US$1.66 billion
- ADB loan: US$300 million (18% of total project cost)
- Total length of expressway and rural roads to be upgraded: 491 km
- Number of town bus stations to be erected: 200
- Population to be benefited: 4.6 million people
- Travel time savings: up to 5-7 hours between Wudu and Guanzigou
Sources:
- "ADB to Help Develop Road Transport in China's Gansu Province" by Asia Pulse (Dec 20, 20)
- Statement by Xiaohong Yang, ADB Senior Financial Analysis Specialist