China Eximbank provides funding for the Zambian Road Development Agency Headquarters Construction Project (Linked to Project ID #89293, #89294)
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Zambia
Sector
Transport and storage (Code: 210)
Flow type
Vague TBD
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
According to the 2018 Annual Work Plan, the Zambian Road Development Agency (RDA) allocated ZK 15 million from China Eximbank for the Zambian RDA Headquarters Construction Project. According to the 2018 and 2019 Annual Work Plans, an additional ZK 4 million was provided from China Eximbank for design review and construction supervision of this project (see Project ID #89294). According to the 2020 RDA Annual Work Plan, Bank of China stepped in to provide ZK 50 million for the same purpose (see Project ID #89293). According to media reports, USD 30 million was needed for the design, supervision, and construction of Zambia's Road Development Agency's (RDA) new headquarters on Twinpalm Road, Ibex Hill, Lusaka City. This project involves a new high-rise office block with underground parking, external works, a boundary wall, guard houses and gates, a power room, drainage, and disposal works. Plans began in 2013 when RDA "coordinated the design of the new RDA head office building with Ng’andu Consulting in association with Michel Design Studio and MP Consulting. However, the contract suffered setbacks due to delays by the consortium in fulfilling its obligations." AVIC International is the contractor and construction began in March 2018. According to the RDA's 2020 Work Plan, construction is on-going.
Additional details
The RDA Annual Work Plans record budget allocations and estimates, not financial commitments. Therefore, ZK 15 million is not recorded as the transaction amount since it is likely derived from a larger China Eximbank loan committed in or around 2018 although AidData has not identified it yet. The China Eximbank financing only showed up in the 2018 and 2019 Work Plans, but not 2020. This project description did not appear at all in the 2021 Work Plan suggesting that works were complete by the time they developed the budget document.
Number of official sources
5
Number of total sources
8
Details
Cofinanced
No
Direct receiving agencies [Type]
Zambia Road Development Agency [Government Agency]
Implementing agencies [Type]
AVIC International Holding Corporation [State-owned Company]