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China - Hunan Urban Development Project : restructuring (Inglês)

The objective of the Hunan Urban Development Project for China is to foster greater integration in the Changsha-Zhuzhou-Xiangtan (CZT) region of Hunan province through support for a carefully selected set of priority investments to address specific regional needs in a sustainable manner. The main changes are: (i) deletion of project components that are no longer relevant; (ii) reallocation of loan savings from deleted components; (iii) adjustment of disbursement percentages; (iv) extension of closing date; and (v) revision of monitoring indicators and results framework to reflect the restructured components. The procurement plan and implementation schedule have also been revised to accommodate the changes.




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