Kunming Qingshuihai Water Supply Project

Although Kunming municipal government and Yunnan provincial government provided additional counterpart funding for the project and committed to share a big portion of the ADB loan repayment, KWSG undertook a heavy financial burden resulting from domestic commercial loans for the project (about 44% of the total project cost) and the associated water plants and distribution works (100% of the total cost). The audit review conducted by National Audit Office on KWSG in 2012 concluded that the provincial and municipal governments should take more responsibility for such large public facilities investments.