Project ID: 33736

China Eximbank provided RMB 481 million loan for Zanzibar International Airport Terminal II Project

Commitment amount

$ 85883406.7

Constant 2017 USD

Summary

Funding agency [Type]

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

Recipient

Tanzania

Sector

Transport and storage (Code: 210)

Flow type

Loan

Concessional

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

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2010

Implementation

2016

2016-04-03

Actual start

Description

In April 2010, China Eximbank and the Government of Zanzibar signed a government concessional loan (GCL) agreement worth 481 million RMB (over $70 million USD) for the Zanzibar International Airport Terminal II Project (or 坦桑尼亚桑给巴尔国际机场二号航站楼项目 or 桑机场2号航站楼项). The loan reportedly has a maturity length of 30 years. As of May 2018, China Eximbank had disbursed $56 million USD from the loan to the Tanzania Ministry of Finance and Planning. According to Zanzibar's 2016-2020 Strategy for Growth and Reduction of Poverty (p. 55), the Government of Tanzania co-financed this project but it is unclear how much they contributed. This project involved the construction of a new terminal building at the Abeid Amani Karume International Airport (AAKIA) in Zanzibar on Unguja Island. The airport construction work involves the expansion to the runway, a 17,000 square meter terminal, a small power station, and a bigger apron. The contractor responsible for project implementation is Beijing Construction Engineering Group (BCEG). The project began on April 3, 2016 and it was originally scheduled to reach completion after 18 months. As of May 2018, construction was still not complete. This project encountered a implementation delays. In July 2009, lawmakers questioned whether Beijing Construction Engineering Group was building the airport according to international standards. According to a 2017 World Bank document (p. 16), the Tanzania Ministry of Finance had to scramble for extra funds to fix a design error regarding the terminal interface and aircraft-parking apron. Works were officially resumed on 31 January 2018 but it is unclear whether this project was ever completed.

Number of official sources

15

Number of unofficial sources

12

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Tanzania Ministry of Finance and Planning [Government Agency]

Implementing agencies [Type]

Beijing Construction Engineering Group Co., Ltd. (BCEG) [State-owned Company]

Loan type

Concessional

Maturity

30 years

Gurarantee provided

No

Insurance provided

No