Public-Private Partnerships Demonstration Program to Transform Delivery of Elderly Care Services in Yichang, Hubei

The  Asian Development Bank (ADB) assistance will be the first sovereign public-private partnerships (PPP)-related loan in the People’s Republic of China (PRC) that can potentially transform the delivery of social services by local governments. The PPP Demonstration Program (the program) will build capacity for developing, procuring, and managing transparent PPPs and finance a demonstration PPP for socially inclusive, efficient, and quality elderly care services (ECS) in one municipality (Yichang, Hubei). The program will serve as a demonstration for other local governments, and create more opportunities for ADB to finance inclusive and efficient service delivery in the PRC.