Project ID: 59189

China Eximbank pledges to fund Loange Bridge Construction Project

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

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

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2009-01-01

Description

China Exim Bank pledged to fund construction of Loange Bridge in Democratic Republic of Congo as part of the Sino-Congolese Program. A project appraisal done by the ADF was completed in 2012. According to the ADF, the project will be implemented from June 2012 to May 2015, at a total estimated cost of UA 53.55 million. Other information about the China Exim Bank financing or construction of the bridge is unknown.

Number of official sources

1

Number of total sources

2

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Democratic Republic of Congo [Government Agency]

Loan Details

Bilateral loan

Investment project loan