THE WORLD BANK IBRD IDA I WORWDBMNKGROUP World Bank Office, Beijing June 14, 2019 Mr. Zhang Wencai Director-General International Economic O FFICIAL and Financial Cooperation Department Ministry of Finance DOCUMENTS Beijing, China Re: People's Republic of China: Guiyang Rural Roads Project (Loan Number 833 7-CN) Amendment to Loan Agreement Dear Mr. Zhang: We refer to the Loan Agreement between the People's Republic of China (the Borrower) and the International Bank for Reconstruction and Development (the Bank) dated June 4, 2014, (the Loan Agreement), and the Project Agreement of the same date, between the Bank and Guizhou Province (the Project Agreement) for the above-referenced project (the Project). We also refer to the letter from the Ministry of Finance, dated May 20, 2019, requesting the restructuring of the Project, which requires certain amendments to the Loan Agreement. On the basis of the foregoing, we are pleased to inform you that the Bank concurs with the request and: (a) has established December 31, 2020 as the later date for purposes of Section IV.B.2 of Schedule 2 to the Loan Agreement; and (b) proposes to amend the Loan Agreement as follows: i Parts C and D of Schedule I are deleted in their entirety and replaced by the following: "Part C: Rural Road Maintenance Pilot Assisting Guiyang Municipal Transport Bureau to test and verify methods to improve the cost efficiency and efficacy of Guiyang Municipality's rural road maintenance program, through: (a) development of a rural road maintenance pilot design; and (b) implementation of a rural road maintenance pilot. Part D: Technical Assistance Provision of technical assistance to support and contribute to the longer term sustainability of the rural road program, including training and study trips. ii The withdrawal table set forth in paragraph 2 of Section IV.A of Schedule 2 is deleted in its entirety and replaced by the revised withdrawal table set forth in the Annex to this letter. Mr. Zhang Wencai 2 June 14, 2019 The Bank also confirms its agreement with the revised indicators as set forth in the above- mentioned letter from the Ministry of Finance. Except as specifically amended in this letter, all other terms and conditions of the Loan Agreement shall remain in full force and effect. Please confirm your agreement to the amendments proposed under paragraph (b) above on behalf of the Borrower by signing and dating the form of confirmation set forth below, and returning one fully countersigned original of this amendment letter to us and retaining one original for your records. This amendment letter shall become effective as of the date of the countersignature (except for the extension of the Closing Date under paragraph (a) above, which shall become effective upon dispatch of this amendment letter to the Borrower), upon receipt by the Bank of a duly countersigned original of this letter by the authorized representative of the Borrower. Sincerely yours, Harold edoya Acting Country Director, China CONFIRMED: PEOPLE'S REPUBLIC OF CHINA By: - _ _ _ _ _ _ _ Authorized Rresentative Name: Zhoinq ZAe*w we.; Title: Lppfu Plwl'tyr- '4fenow~., peparr-t of In*rPV0- Feemo/n.' Ana( Date: f'Une 28, .2,01 Finer~c-d Cop6it.75 ' MOF Mr. Zhang Wencai 3 June 14, 2019 Annex Revised Withdrawal Table Category Amount of the Loan Percentage of Allocated Expenditures to be Financed (expressed in USD) (inclusive of Taxes) (1) Works: (a) under Part A.1 of the Project 30,000,000 100% (b) under Part A.2 of the Project 34,458,500 100% (c) under Part B of the Project 74,976,500 100% (2) Goods, non-consulting 1,190,000 100% services, consultants' services, Training and Workshops and Incremental Operating Costs (3) Front-end Fee 375,000 Amount payable pursuant to Section 2.03 of this Agreement in accordance with Section 2.07 (b) of the General Conditions (4) Interest on the Loan accrued on 9,000,000 Amounts payable or before the last Payment Date pursuant to Section immediately preceding the Closing 2.04 of this Agreement Date in accordance with Section 2.07(c) of the General Conditions (5) Interest Rate Cap or Interest 0 Amount due pursuant Rate Collar premium to Section 2.07(c) of this Agreement TOTAL AMOUNT 150,000,000