Yunnan Integrated Road Network Development Project

Combination of major expressway construction and link roads improvement, including national and provincial highways and rural roads, contributes to inclusive economic growth. On financing, ADB financed 13.2% of the project cost with the balance provided by the national and provincial governments including loans from the Bank of China and the China Construction Bank. Leveraging funds was a key aspect of ADB financing under the project. This approach could be adopted much more in future operations where syndicated loan packaging with commercial banks could be encouraged, thus increasing development financing for programs and projects.