Phase II of the project is designed to replicate the experience of phase I, especially to support the development of new EMCs in China by strengthening a EMC Service Group which is expected to develop into a self-sustaining EMC Association and by establishing a Guarantee Fund to provide partial risk guarantees to local financial institutions which lend to the EMCs.
Project Details
GEF Project ID
1237
Country
China
Implementing Agencies
The World Bank
Status
Completed
Region
Asia
Executing Agencies
SETC (State Economic and Trade Commission)
GEF Period
GEF - 2
Project Type
Full-size Project
Focal Areas
Funding Source
GEF Trust Fund
Project Documents
Financials
USDCo-financing Total
255,200,000
GEF Project Grant
26,000,000
GEF Agency Fees
3,100,000
Timeline
Concept Approved
07 Dec 2001
Project Approved for Implementation
29 Sep 2002
Project Closed
28 Nov 2010