THE WORLD BANK IBRD *IDA I WORDBANKGROUP World Bank Office, Beijing OFFICIAL DOCUMENTS July23,2018 Mr. Chen Shixin Director-General International Economic and Financial Cooperation Department Ministry of Finance People's Republic of China People's Republic of China: Jiaozuo Green Transport and Safety Improvement Project (Loan Number 8370-CN) Amendment to Loan Agreement We refer to the Loan Agreement (the Loan Agreement) dated July 7, 2014 between the People's Republic of China (the Borrower) and the International Bank for Reconstruction and Development (the Bank) and the Project Agreement (Project Agreement) of same date between the Bank and the Henan Province, for the above-referenced project (the Project). We also refer to the letter from the Ministry of Finance, dated January 4, 2018 requesting a restructuring of the Project, which requires, increasing the disbursement percentage of Category (1) Works, reallocating the Loan proceeds to Categories (1), (2) and (3), and extending the Closing Date. We are pleased to inform you that, based on the foregoing, the Bank concurs with your request and proposes to amend the Loan Agreement, as follows: 1. The disbursement table in Section IV.A.2 of Schedule 2 is hereby amended to read as follows: Amount of the Loan Percentage of Expenditures Allocated to be financed Category (expressed in USD) (inclusive of Taxes) (1) Works 35,256,571 85% (2) Goods 61,342,269 100% (3) Consultants' services, 3,151,160 100% non-consulting services, Training and Workshops, and Incremental Operating Costs (4) Front-end Fee 250,000 Amount payable pursuant to Section 2.03 of this Agreement in accordance with Section 2.07 (b) of the General Conditions 16th Floor, China World Tower 2, No.1 Jianguomenwai Avenue, Beijing 100004, China (1 #$2f C 2m 16 ) (100004) Tel. Ekit: (86-10) 5861-7600; Fax. fO: (86-10) 5861-7800 Mr. Chen Shixin Page 2 July 23, 2018 (5) Interest Rate Cap or 0 Amount due pursuant to Interest Rate Collar premium Section 2.07(c) of this Agreement TOTAL AMOUNT 100,000,000 2. Section IV.B.2 of Schedule 2 is amended to read as follows: "2. The Closing Date is June 30, 2021." The Project's indicators set forth in the Results Framework, pursuant to Section II.A. 1 of Schedule 2 to the Loan Agreement, are updated to read as set forth in the attachment hereto. Except as specifically amended in this amendment letter, all other terms and conditions of the Loan Agreement shall remain in full force and effect. Please confirm your agreement to the foregoing on behalf of the Borrower by countersigning and dating the corresponding form of confirmation set forth below, and returning one fully countersigned original of this amendment letter to us. Upon receipt by the Bank of this amendment letter duly countersigned by an authorized representative of the Borrower, this amendment letter shall become effective as of the date of the last signature. Sincerely, Bert Hofman Country Director, China Attachment: Updated Results Framework Mr. Chen Shixin Page 3 July 23, 2018 CONFIRMED: PEOPLE'S REPUBLIC OF CHINA B y: lorized 5resentative Name: Title: Date:'J.w 71~ i cc: Ms. Ye Jiandi, Director Mr. Zhang Lei, Deputy Director IFI Division I International Economic and Financial Cooperation Department Ministry of Finance Beijing, China Mr. Zhang Jidong Deputy Director-General Jiaozuo Municipality Finance Bureau Jiaozuo, Henan Province, China Attachment Updated Results Framework (pursuant to Section II.A.1 of Schedule 2 to the Loan Agreement) The proposed project development objectives are to improve transport safety and efficiency along the selected transport corridors and to promote non-motorized trips withir the pilot green corridor in Jiaozuo City. PROJECT DEVELOPMENT OBJECTIVE INDICATORS Cumulative Target Values Responsibility Description 2 Unit of Data Source! Indicator Name 21Baseline Frquen ey for Data (indicator U Measure 2015 2016 2017 2018 2019 2020 2021 Methodology Collection definition, etc. Indicator One: Number of annual accident data PMO and Rolling transport related fatalities along the Number 4.7 3.0 3.0 3.0 annually statistics RSSC average of 3 project corridors years Indicator Two: Travel time by public Morning peak transport during peak hours on the Minutes 55.1 52.5 52.5 49.4 hour project corridors Sub-Indicator 2.1: Jiefang Road Minutes 20.5 17.4 Year 7 bus GPS cMmpand to Dongyuan companyRd (5.3 km) PMO a From Puji Rd Sub-Indicator 2.2: Renmin Road Minutes 17.0 17.0 17.0 17.0 Year 7 bus GPS to Renmin Rd company (7.1 km) PMO and bus From Jiefang Sub-Indicator 2.3: Ta'nan Road Minutes 17.6 15.0 15.0 15.0 Year 7 bus GPS PoOanb Rd to Yinhu companyRd (4.7 km) Indicator Three: User satisfaction PMO and bus % 696 75 75 5 Yer 7 user survey ratio of public transport services company Sub-Indicator 3.1: User % PMO and bus 68475 75 75 Year 7 user survey satisfaction ratio of women 68.4 75 company Indicator Four: Annual number of Year 6 & on-site PMO and non-motorized trips within the green Number 0 200,000 241,500 7 observation HURDB corridor INTERMEDIATE RESULTS INDICATORS 2 Cumulative Target Values Dat Source' Responsibility Description U nit of Data______ _____Source________________ o Baseline Frequency for Data (indicator U Measure Methodology_______________ _____________________ Indicator Name I Measure 2015 2016 2017 2018 2019 2020 2021 Methodology Collection definition, etc. Component A: Safe System Integrated Corridor Management Indicator One: Safe System Yes/No No Yes Yes Yes Yes annually progress PMO foundation established report Indicator Two: Length of project Km 0 12.4 17.1 18.4 annually progress PMO and corridor improved report HURDB Trained in 2 Indicator Three: Number of people Number 0 20,000 40,000 60,000 annually progress PMO and road safety whose road safety awareness is raised report HURDB . report HURDB facilities Component B: Green Corridor Development Indicator Four: Length of corridor ''Ki 0 1169 1169 1169 ally progress PMO and constructed I _____ 0 _ 1 _ 16.9 16.9 _ annuay report HURDB Component C: Public Transport Improvement Indicator Five: Overnight parking Number 526 609 851 1027 1027 annually progress PMO and bus capacity increased report company Indicator Six: Percentage of buses % 86 93 93 93 93 annually progress PMO and bus equipped with ITS on-board units report company r progress PMO and bus Indicator Seven: Annual bus ridership L Number 95.6 107.4 113.9 120.7 128.0 annually pore cMOpand _____ ________ ___ ____ ____ __________ ______report company ______ Component D: Institutional Strengthening progresswith dedicated Indicator Eight: RSSC in function Yes/No No Yes Yes Yes Yes annually progre PMO staff and budget Indicator Nine: Number of officials prges PM nVu Indicatrine NNumber 0 56 84 112 112 annually progress PMO and bus andstaffs_ trained report company