Project ID: 32113

[Umbrella] Chinese Government provides $207 loan package for various infrastructure projects (Linked to Project ID#32239, #33058, #33057, #32153, #32146)

Commitment amount

$ 323217066.0

Constant 2017 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Umbrella project

This project is classified as an "umbrella" project, and is connected to related projects.

Summary

Funding agency [Type]

Export-Import Bank of China [State-owned Policy Bank]

Recipient

Cambodia

Sector

Other multisector (Code: 430)

Flow type

Loan

Concessional

Yes

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2007

Description

On January 22, 2007, China and Cambodia signed an agreement for China to provide $207 million US dollars of loans to Cambodia to develop its infrastructure. According to a press release issued by the Cambodian Ministry of Economy and Finance, 190 million dollars worth of preferential buyer's credit loan will go for the construction of:National Road No 8 from Khsach Kandal to the Cambodian-Vietnamese border (#32239) - US$71,512,717, the Prek Tamak Bridge (#33058) - US$43 503 619, the Prek Kdam Bridge (#33057) - US$28,783,664, and the National Road 76 from the junction of National Road No 7 in Snoul to Sen Monorom District, Mondulkiri Province (#32153) - US$51.9 million. Meanwhile, RMB 135 million (approximately $17.75 million USD) in preferential loans will be used for the construction of the Cambodian section of the Greater Mekong Sub-region Information Superhighway (#32146).

Number of official sources

0

Number of unofficial sources

4

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Details

Cofinanced

No

Receiving agencies [Type]

Government of Cambodia [Government Agency]

Loan type

Concessional

Gurarantee provided

No

Insurance provided

No