Yunnan Lincang Border Economic Cooperation Zone Development Project

Objective

The national-level border economic cooperation zone that aims to (i) eliminate bottlenecks created by inadequate infrastructure, (ii) promote cross-border trade and investment to improve living conditions of residents, (iii) promote sustainable regional economic and social development, and (iv) strengthen neighborly cooperation with Myanmar.

Description

The Lincang Border Economic Cooperation Zone (LBECZ) is comprised of several core industrial zones covering 3.47 square kilometers and located in the counties of Cangyuan Wa, Gengma Dai and Wa, and Zhenkang (including a tier 1 national port in Qingshuihe).

History

ADB loan financing was approved on 10 Dec 2018, signed on 14 April 2019, effective 11 July 2019. Strong progress since inception. Sixteen packages will be procured in 2020. Detailed design of most packages will be completed in 2020, which will enable strong implementation throughout 2021.

Finance