Project ID: 59007

Chinese Government provides RMB 50 million loan for Urban Avenue Reconstruction Project

Commitment amount

$ 12743686.564085733

Adjusted commitment amount

$ 12743686.56

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Ethiopia

Sector

Transport and storage (Code: 210)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

2006-05-15

Geography

Description

In 2006, the Chinese government agreed to provide an RMB 50 million loan to Ethiopia for the reconstruction of Urban Avenue in Addis Ababa. The China Road & Bridge Corporation (CRBC) was the contractor. This project involves the (re)construction of the 5.8 kilometer road and two bridges.This project reached the implementation stage.

Number of official sources

2

Number of total sources

6

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Ethiopia [Government Agency]

Implementing agencies [Type]

China Road & Bridge Corporation (CRBC) [State-owned Company]

Government of Ethiopia [Government Agency]

Loan Details

Bilateral loan

Investment project loan