China: China-ASEAN Sea-Rail Multimodal Logistics Project

DESCRIPTION

The China-ASEAN Sea-Rail Multimodal Logistics Project seeks to promote regional and cross-border trade through the development of a green and smart multimodal logistics park in Qinzhou, Guangxi Zhuang Autonomous Region (Guangxi), China. The Asian Infrastructure Investment Bank (AIIB) plans to provide long-term sovereign financing in support of the Project.

The MCDF grant will support the preparation of the Project by engaging consultants to carry out three workstreams: (1) improve the demand and economic analysis of the feasibility study of the Project and identify its impact on regional and cross-border connectivity; (2) conduct a decarbonization and climate risk assessment to identify strategies to mitigate the Project’s carbon footprint over its lifecycle and develop climate adaptation strategies to increase the Project’s resilience; and (3) plan and design a green and smart logistics park that would embed low-carbon, sustainability, and smart themes into the project’s design, construction, and operations.

The MCDF grant will also facilitate active collaboration among the client, Qinzhou Huangma Asset Management Group Co., Ltd. (a state-owned enterprise of the People’s Government of Qinbei District, Qinzhou, Guangxi, China), local and provincial governments, and AIIB in undertaking high-quality project preparation in the context of AIIB’s proposed investment.