China Eximbank pledges to finance electricity transmission lines
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Congo (DRC)
Sector
Energy (Code: 230)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
A report from the Office for Coordination and Monitoring of the Sino-Congolese Program (BCPSC) in 2013 stated that a contract for the construction of transmission lines and other electricity (5 lots) in Democratic Republic of Congo will be negotiated by Chinese companies SinoHydro and CREC and funded by the China Eximbank. Subsequent ACGT Reports on the Sino-Congolese Program do not list the project as a subproject of the program. The French project name is construction des lignes de transport d'electricite et autres (5 lots).
Additional details
AidData codes the status as pledge for now as it is uncertain whether any Chinese financing was committed since the 2013 BCPSC report.
Number of official sources
1
Number of total sources
1
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Democratic Republic of Congo [Government Agency]