The estimate of financing charges during implementation, $18.1 million and capitalized in the ADB loan, was too large compared to the actual interest during construction of $1.9 million. The large surplus could result in loan proceeds cancellation if no proper usage could be found before project completion.
Report Date
Project Name
Xinjiang Municipal Infrastructure and Environmental Improvement Project
Project Number
39228-033
Report Source
Self-evaluation
Country
China, People's Republic of
Sector