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What are the key steps in the World Bank loan project management procedure? …
1. Preparation for option (project establishment) The first step of option work is to establish a project library around the investment direction of the World Bank in this region. Here, several principles should be paid attention to:

(1) A large-scale overall project should be selected to avoid including too many subprojects in the project, which will lead to unclear and inconspicuous central objectives of the project.

(2) It is close to the requirements of the World Bank loan project to choose the key projects in the medium-term planning in urban planning.

(3) Try to choose projects with less resettlement, because the World Bank does not advocate that the implementation of the projects will lead to a large number of resettlement, and the World Bank loans will not be used to pay any expenses for resettlement.

(4) Try to avoid or reduce projects involving the top ten policies of the World Bank, and reduce unnecessary procedures and work in projects.

2. Preparation for prospective borrowers

In domestic procedures, after the project is approved, the next step is to get the project approved. The project office should urge all design units to prepare the feasibility study report, environmental impact assessment report and resettlement plan report of the project. It should be noted that the feasibility study and environmental assessment report are necessary documents for domestic approval procedures, while the resettlement plan must be prepared for the World Bank procedures. The feasibility study and EIA report shall be submitted by the provincial development and reform commission to the national development and reform commission and the State Environmental Protection Administration (the national development and reform commission may delegate the project approval authority to the provincial development and reform commission, so the project office must clarify the project approval department as soon as possible to avoid delaying the work progress here). If the national (or provincial) development and reform commission and the State Environmental Protection Administration pass the examination and approval, it means that the domestic examination and approval procedures of the project have been completed. One thing to note is that the domestic approval procedures should be completed before the project is evaluated (preferably before the pre-evaluation), so as to avoid rework caused by the World Bank's evaluation but the domestic approval fails.

On the other hand, the World Bank will send a project preparation mission to the local area before the project preparation stage, that is, before the project evaluation, to learn about the project preparation work and put forward supplementary and revised opinions on the feasibility study, environmental assessment and resettlement plan report. The preparatory group is generally composed of the project director or project manager of the World Bank representative office in China and experts in feasibility study, environmental assessment, resettlement, institutions, finance and economy. Each design unit must improve each report according to the opinions put forward by the preparatory group, and send the final draft of each report to the National Development and Reform Commission for approval. In addition to supervising and inspecting the progress and direction of the project preparation, the World Bank preparatory team will also provide short-term training to the personnel of the project office and design units to ensure that the project preparation is carried out on the right track.

At this stage, the World Bank also requires the project office to complete the preparatory work for the project with the help of international consulting companies, so the participation of international consulting companies is essential for applying for World Bank projects. Consulting firms generally have World Bank project experience. In the preparation of feasibility study, environmental assessment and resettlement plan report, consulting firms have the rights and obligations of preliminary examination, and can put forward supplementary or revised opinions to the project office; Can put forward planning adjustment opinions; It can help the project office to prepare financial, economic and social analysis and procurement plan reports that meet the requirements of the World Bank. Finally, before the project evaluation, the World Bank will ask the consultant company to put forward opinions based on the materials provided by the project office for the World Bank's reference. As the third party of the project, the consulting company not only participates in the preparatory work of the project, but also helps the lender, the World Bank, to give feedback to the World Bank after the preliminary review of the project, which plays a connecting role.

3. evaluation

4. negotiation

5. submission to the executive board for approval

6. implementation and supervision.