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Department of Foreign Capital and Overseas Investment Conducted Loan Review Workshop with ADB

Source: Department of Foreign Capital and Overseas Investment / Updated: 2022-06-29

In order to better implement the Planning for China’s Standby Projects in ADB Lending Pipeline, urge relevant localities to speed up the preparation progress, and form physical workload as soon as possible, on June 15, Department of Foreign Capital and Overseas Investment of NDRC, along with the Department of International Economic and Financial Cooperation of the Ministry of Finance conducted loan review workshop with ADB. Project team leaders from East Asia Department of ADB, and representatives from concerned provincial development and reform commissions, finance departments, and executive agencies presented on processing progress for Strengthening Public Health Institution Building Project, Yellow River Basin Green Farmland and High-quality Agriculture Development Project and other 3 projects in the pipeline which will be approved in 2022, and all the participants discussed potential and incurred issues during project preparation and processing, reviewed the proposed processing timeline, and identified future work priorities.