Project ID: 32180

China Eximbank provides $15.2 million preferential buyer's credit (PBC) loan for National Road 3762 (NR 3762) Rehabilitation Project

Commitment amount

$ 19853222.55

Constant 2017 USD

Summary

Funding agency [Type]

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

Recipient

Cambodia

Sector

Transport and storage (Code: 210)

Flow type

Export Buyer's Credit

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2009

Implementation

2010

2010-09-01

Actual start

Completion

2012

2012-12-01

Actual

Geography

Description

On December 21, 2009, China Eximbank and the Government of Cambodia's Ministry of Finance signed a $15,228,192 preferential buyer's credit (PBC) loan agreement for the National Road 3762 (NR 3762) Rehabilitation Project. The borrowing terms of the loan were as follows: 20-year maturity, 7-year grace period, 2% interest rate (See: Project/Program Information and Implementation Arrangements). The proceeds of the loan were to be used by the borrower to partially finance an EPC contract with China Road & Bridge Corporation (CRBC).The purpose of this project was to rehabilitate a 26.45 km segment of National Road 3762 (NR 3762) that connects Senmonorom, the capital of Mondulkiri Province to Dak Dam, also in Mondulkiri Province.CRBC was the EPC contractor responsible for implementation. The project officially commenced on September 01, 2010 and was completed on December 01, 2012. The construction period was originally expected to last 27 months (see '中交中路公司签署柬埔寨3762号公路EPC合同').

Additional details

This project is also known as the Design-Build of National Road 3762 Rehabilitation Project. The Chinese project title is 柬埔寨3762号公路.The China Eximbank PBC 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.The loan agreement for this project was one out of 14 agreements signed by the Chinese Government and the Government of Cambodia on December 21, 2009.

Number of official sources

10

Number of unofficial sources

6

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Cambodian Ministry of Economy and Finance [Government Agency]

Implementing agencies [Type]

Cambodia Ministry of Public Works and Transport [Government Agency]; China Road & Bridge Corporation (CRBC) [State-owned Company]

Loan type

Concessional

Maturity

20 years

Interest rate

2.0%

Grace period

7 years

Grant element

56.00770973%

Gurarantee provided

No

Insurance provided

No