flag Long abstract

Fangcheng Port Project in the People's Republic of China (Loan 1427-PRC)

 

The Project aimed to improve the capacity and efficiency of Fangcheng Port. To this end, it included investment components for the development of port and expressway facilities and for institutional development through training and supporting policy dialogue. The latter was part of a general sector program involving other ADB projects and other international development agencies.

The Project was selected for support because of the need for additional berths and improved cargo handling efficiency to cater to the rapid growth in trade at that time that was projected to continue for the foreseeable future. Southern PRC has other ports, but the Government’s development plan identified Fangcheng Port for major expansion of bulk and containerized cargo operations. In addition, Fangcheng Port was the closest port to the less developed but growing parts of Guangxi, Guizhou, and Yunnan and to parts of Chongqin, Hunan, and Sichuan, all but one of which are landlocked. ADB’s operational strategy at the time emphasized removing transport constraints as a way to improve economic efficiency and growth and favored projects benefiting less developed and landlocked areas.

The executing agencies were the Fangcheng Port Authority—now known as the Fangcheng Port Group Company, Limited—for the port component and the Guangxi Communications Department for the expressway component.

Project Number: PPE: PRC 29200
Loan Number: 1427-PRC