Skip to content

Qingdao Metro Line Six (Phase I) Project

Country
China China
Status
Approved
Area Of Operation
Transport Infrastructure Transport Infrastructure
Type
Sovereign

Quick Facts

Financing Approval Date
14 December 2021
Current Limit Of NDB Financing
RMB 3,237 million
Borrower
The People’s Republic of China
Project Entity
The People’s Government of Qingdao Municipality

More About This Project

The development of the West Coast New Area has been strongly promoted by the Government of Qingdao to tackle the longstanding issues of limited land availability, high population density and serious congestion in its old downtown areas. However, with continued economic and population growth in recent years, the West Coast New Area is now facing serious challenge of inadequate transport infrastructure to cope with rapidly growing demand in passenger traffic. Due to the limited connectivity of mass public traffic system, quickly increased private vehicles and growing congestion have already become key constraints to the West Coast New Area’s sustainable growth. Particularly, the three rapidly-developing economic zones in the West Coast New Area lack efficient transport to get connected, resulting in seriously crowded road network and increase in pollution on account of insufficient public transport.

Qingdao Metro Line Six (Phase I) is located in the West Coast New Area. Starting from Xintun Road Station and ending at Shengtaiyuan Station, the Project has 20 stations over the total length of 30.19 km. The average distance between two stations is 1.54 km. The Project includes interchanges with six other metro lines in Qingdao

The Project will substantially improve the connectivity and mobility among important economic and residential areas in the West Coast New Area. Upon completion, it will help Qingdao to tackle its bottleneck of sustainable development by reducing traffic congestion, increasing productivity of workforce and improving standard of living.

The Government of Qingdao will be the Project Entity, and (QMG) will be the Implementing Agency for the Project. QMG has established a Project Management Office to facilitate the Project’s coordination and management. The Loan will finance procurement of goods, equipment and installation and services for the Project in compliance with NDB’s Procurement Policy and China’s country system stipulated through national legislations and regulations.

The Project has been categorized as Category A in line with the NDB’s Environment and Social Framework (ESF). Main environmental and social impacts include: (i) land acquisition and impacts to livelihoods; (ii) large-scale earthwork; (iii) construction pollutant emissions, including noise, vibration, dust, lighting, wastes and wastewater discharges; (iv) minor impacts to national cultural heritage site Qi Dynasty Great Wall and Zhushan National Forest Park, and (v) occupational safety impacts during construction. These impacts will be mitigated by implementation of the Environmental and Social Management Plan (ESMP) developed for the Project, as well as the Environmental and Social Impact Management Plan.

Source of Fund Amount (RMB million)
New Development Bank
3,237
The Government of Qingdao 7,166
Local Commercial Banks 7,511
NDB Borrower Project Entity
Project Portfolio Management Department

Xin Chen

Ministry of Finance

Biao Guo

mof_operation1@mof.gov.cn

Qingdao Metro Group Co., Ltd.

Jiaqiang Li

xhacwb@126.com

Contacts

Biao Guo, Ministry of Finance, China
Jiaqiang Li, Qingdao Metro Group Co., Ltd.