China - Second Henan Provincial Highway Project

Document of The World Bank FOR OFFICIAL USE ONLY Report No: 31649 IMPLEMENTATION COMPLETION REPORT (SCL-40270) ON A LOAN IN THE AMOUNT OF US$ 210 MILLION TO THE PEOPLE'S REPUBLIC OF CHINA FOR A SECOND HENAN PROVINCIAL HIGHWAY PROJECT May 11, 2005 Transport Sector Unit East Asia and Pacific Region This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  CURRENCY EQUIVALENTS (Exchange Rate Effective December 31, 2004) Currency Unit = yuan (Y) Y1.00 = US$ 0.1205 US$ = Y8.30 FISCAL YEAR January 1- December 31 ABBREVIATIONS AND ACRONYMS EIRR - Economic Internal Rate of Return FIDIC - Federation Internationale Des Ingenieurs Conseils FIRR - Financial Internal Rate of Return GOVAI - Gross Output Value of Agriculture and Industry HPCD - Henan Provincial Communications Department LSE - Luoyang-Sanmenxia Expressway MOC - Ministry of Communications NPV - Net Present Value NTHS - National Trunk Highway System RIPA - Road Improvement for Poverty Alleviation WTE - Weinan-Tongguan Expressway YBC - Yangjia-Baijiazhai Connection Vice President: Jemal-ud-din Kassum, EAPVP Country Director David Dollar, EACCF Sector Manager Jitendra N. Bajpai, EASTR Task Team Leader/Task Manager: Jacques M. Tolli