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    Summary sheet

    Release date
    22 May 2015
    Status
    Reference
    Approved | 15/12/2015
    20150096
    Project name
    Promoter - financial intermediary
    CFFL - FUJIAN FORESTS
    PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 65 million
    Location
    Sector(s)
    Description
    Objectives

    The project aims to afforest 7,700 ha of barren land with Sapindus and Chinese fir and to rehabilitate 2,300 ha of existing stands. It is expected to establish continuous-cover forestry on bare land and to improve productivity of soap nuts which provide valued saponins for the biochemical industry. The project is the sixth allocation under the China Forestry Framework Loan (CFFL) (2010-0330).

    Several different types of saponins can be extracted from Sapindus mukossa. Saponins are surface-active compounds with detergent, wetting, emulsifying and foaming properties. They have a wide range of biological activities that can benefit, for example, the cosmetic and pharmaceutical industries in developing medicines for a number of diseases. Many saponin compounds are valuable biological raw material for the biochemical industry due to their natural toxicity to insects, parasitic worms and molluscs, in addition to antifungal, antiviral, and antibacterial activity. They are also used in the food industry.

    Environmental aspects
    Procurement

    The project comprises the establishment and rehabilitation of mixed Chinese fir and Sapindus (soap nut tree) forests. New plantations will be established on degraded or burnt forest land and abandoned arable land. The plantations will be managed according to continuous-cover forestry, producing soap nuts, a rich source of saponins which are widely used in bio-industries. Sustainable forest management and forest certification is promoted in plantation management. The project will generate income and employment for rural people and reduce pressure for rural emigration.

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Non-Technical Summary (NTS) - CFFL - FUJIAN FORESTS - Fujian Province Soapberry Forestry base Construction
    Publication Date
    7 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    62598037
    Document Focus
    Environmental Information
    Project Number
    20150096
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - CFFL - FUJIAN FORESTS
    Publication Date
    2 Feb 2016
    Document language
    Main Topic
    Lending
    Document Number
    64486936
    Document Focus
    Environmental Information
    Project Number
    20150096
    Countries
    Publicly available
    Download now

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