Project ID: 38780

China Eximbank provides RMB 126 million government concessional loan for 7th China-Cambodia Friendship Koh Thom Bridge Construction Project

Commitment amount

$ 23115929.309192248

Adjusted commitment amount

$ 23115929.31

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Cambodia

Sector

Transport and storage (Code: 210)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2013-04-08

Actual start

2013-03-25

Actual complete

2017-02-13

Geography

Description

On April 8, 2013, China Eximbank and the Government of Cambodia's Ministry of Economy and Finance signed an RMB 126 million government concessional loan (GCL) agreement [China EXIMBANK GCL No. 2013 (28) TOTAL NO. (473)] for the 7th China-Cambodia Friendship Koh Thom Bridge Construction Project. The GCL carried the following terms: 20-year maturity, 7-year grace period, and 1.25% interest rate. The proceeds of the GCL were to be used by the borrower to finance an EPC (commercial) contract with China Road and Bridge Engineering Co., Ltd. The purpose of the project was to construct the 7th China-Cambodia Friendship Koh Thom Bridge Project, which is a bridge that crosses the Tonle Bassac River in Koh Thom district and connects National Road 21 (NR 21) and National Road 110. It is approximately 415 meters long and 13.5 meters wide and its construction was designed to connected Kandal province with neighboring Vietnam. Construction started on March 25, 2013 and the project was completed on August 8, 2016, the project was completed. The bridge was officially inaugurated on February 13, 2017, with Cambodian Prime Minister Hun Sen and Chinese Ambassador to Cambodia Xiong Bo presiding over the ceremony.

Additional details

1. This project is also known as the Koh Thom Bridge Project or the 7th China-Cambodia Friendship Bridge Project. The Chinese project title is 中国优贷项目巴萨河哥通大桥. The Khmer project title is ស្ពានមិត្តភាព​កម្ពុជា​ចិនកោះធំ. 2. The China Eximbank loan that supported this project is not included in the Overseas Development Finance Dataset that Boston University’s Global Development Policy Center published in December 2020.

Number of official sources

10

Number of total sources

17

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Details

Cofinanced

No

Direct receiving agencies [Type]

Cambodian Ministry of Economy and Finance [Government Agency]

Implementing agencies [Type]

China Road & Bridge Corporation (CRBC) [State-owned Company]

Loan Details

Maturity

20 years

Interest rate

1.25%

Grace period

7 years

Grant element (OECD Grant-Equiv)

57.4624%

Bilateral loan

Government Concessional Loan

Investment project loan