Chinese engineering company and fourteen subsidiaries sanctioned by World Bank

On November 20, 2019, the World Bank Group announced the debarment of a state-owned Chinese engineering enterprise.  The company, Jiangxi Geo-Engineering (Group) Corporation, submitted a falsified completion certificate from a prior, unrelated contract, in order to fulfill the experience requirement for bidding on a new contract, the World Bank-financed Heilongjiang Cold Weather Smart Public Transportation System in China.  Jiangxi did not ultimately win the new contract.

Jiangxi and its fourteen wholly-owned subsidiaries will be debarred from participating in World Bank-financed projects for fifteen months.  The settlement agreement between the World Bank and the company provides for a reduced period of debarment due to Jiangxi’s cooperation and voluntary remedial actions.  The company has committed to adopting policies and practices consistent with the World Bank Group Integrity Compliance Guidelines.

World Bank press release

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