China Eximbank provides RMB 602 million government concessional loan for Phase I of Abidjan City Water Supply Project (Linked to #60789)

On April 11, 2012, the Chinese Ambassador to Cote d'Ivoire and Ivorian Minister of Foreign Affairs signed a preferential loan framework agreement in which China Eximbank pledged to finance over CFA 100 billion for the Abidjan City Water Supply Project. Then, on April 13, 2012, China Eximbank and Government of Cote d'Ivoire signed a government concessional loan (GCL) agreement worth RMB 602 million (or CFA 49.73 billion) for Phase I. The loan was ratified by the Legislature of Cote d'Ivoire on June 27, 2012 (le décret n° 2012-484). The borrowing terms of the loan are unknown. According to the Government of Cote d'Ivoire’s Aid Management Platform, 71% of the face value of the China Eximbank loan (CFA 38,498,681,610 of CFA 53,970,500,000) had been disbursed as of February 2018.This project involved building infrastructure to distribute water from South Comoé groundwater table in Bonoua to the capital city of Abidjan. More specifically, it involved an 80,000 m3/day water treatment plant in Bonoua, 2 well fields, 18 wells, 5 ground tanks of 5000 m3 each, a 4000 m3/hour water plant, and 93 km of water pipeline. China Geo-Engineering Corporation (CGC) was the EPC contractor responsible for implementation. Construction began on March 28, 2013, but the official groundbreaking ceremony did not take place until on August 6, 2013. The project was scheduled to take place over 24 months. It was officially completed and handed over to the Ivorian authorities on March 2, 2015. China Eximbank provided an RMB 605.5 million (CFA 51.6 million) government concessional loan for Phase II of this project (see #60789).

Additional details

This project is also known as the Abidjan Bonoua Water Supply Phase I Project. The Chinese project title is 阿比让供水第一阶段 or 阿比让城市供水项目 or 的阿比让供水项目一期工 or 科特迪瓦阿比让供水二期项目. The French project title is Alimentation en eau de la ville d'Abidjan à partir de la nappe du Sud Comoé (Bonoua) - Phase I or Alimentation en eau potable de la ville d'Abidjan (Phase I).This official source (http://www.gouv.ci/rss_declaration_rss.php?recordID=364) says the loan's face value is 49.73 billion CFA but the February 2018 AMP export (source #55373) says it is 53.97 billion CFA. It is unclear why this discrepancy exists between two official sources.

Number of official sources

19

Number of unofficial sources

7