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Overview

China Eximbank provides RMB 1.138 billion government concessional loan for Dang Kambit Reservoir Development Project

Commitments (Constant USD, 2023)$160,814,209
Commitment Year•2023Country of Activity•CambodiaDirect Recipient Country of Incorporation•CambodiaSector•EnergyFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Feb 10, 2023
Start (planned)
Feb 1, 2024
Start (actual)
Feb 1, 2024
End (planned)
Dec 19, 2029
First repayment (originally scheduled)
Feb 8, 2030
Last repayment (originally scheduled)
Feb 5, 2043

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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The purpose of the project is to several dams in Kampong Thom Province, Cambodia's second largest province by area. More detailed locational information can be found at https://www.openstreetmap.org/relation/2198944.

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Government of Cambodia

Loan desecription

China Eximbank provides RMB 1.138 billion government concessional loan for Dang Kambit Reservoir Development Project

Grace period•7 yearsGrant element•61.4196%Interest rate (t₀)•1.25%Interest type•Fixed Interest RateMaturity•20 years

Narrative

Full Description

Project narrative

On February 10, 2023, China Eximbank and the Government of Cambodia signed an RMB 1,138,636,000 government concessional loan (GCL) agreement for the Dang Kambit Reservoir Development Project. The loan carried the following borrowing terms: a 20-year maturity, a 7-year grace period, and a 1.25% interest rate. During calendar year 2023, China Eximbank disbursed RMB 341,590,800 in support of the Dang Kambit Reservoir Development Project. As of early 2024, the lender planned to disburse RMB 341,590,800 in 2024, RMB 227,727,200 in 2025, and RMB 227,727,200 in 2026. The purpose of the project is to construct several dams in Kampong Thom Province that measure a total of 2,680 meters. The project includes: (a) the construction of a 50-meter concrete dam with a maximum height of 30 meters and a back width of 7 meters, (b) the construction of a 1,136-meter land dam (left side) with a maximum height of 17 meters and a back width of 7 meters, (c) the construction of a 1,188-meter land dam (right side) with a maximum height of 17 meters and a back width of 7 meters, and (d) a 306-meter-long span structure with a maximum height of 17 meters and a back width of 7 meters, featuring 21 (12-meter x 12-meter) sluice gates, which are flat steel gates. The project also involves the construction of several roads, including: (a) the construction of a new 3.1 km road to the left dam site, (b) the construction of a 10.5 km access road to the dam site, and (c) the construction of a new 3 km (7-meter-wide) road to the right dam site. The project’s originally scheduled commencement and completion dates were February 1, 2024, and December 19, 2029, respectively. A groundbreaking ceremony took place on February 1, 2024. The project was 52.8% complete as of April 1, 2025.

Staff comments

1. This project is also known as the Dang Kambet Reservoir Development Project in Kampong Thom Province.