Project ID: 60047

Chinese Government pledges to fund Kakobola Dam Construction Project

Pledged amount

$ 14683737.86481071

Adjusted pledged amount

$ 14683737.86481071

Constant 2021 USD

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]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Congo (DRC)

Sector

Energy (Code: 230)

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

2010-01-01

Description

According to the Government of the Democratic Republic of Congo’s Aid Management Platform (AMP), the Chinese Government pledged to loan $10,543,156.37 for the construction of Kakobola dam (Chinese name: 卡考包拉电站) in 2010. However, as of May 2020, no disbursements have been made. According to a MOFCOM article published in November 2017, India is currently financing the construction of the Kakobola dam, and has provided $109 million in financing to the project. It is unclear if the Chinese Government has officially committed funding for this project. The French project title is Construction barrage Kakobola (Kakobola-Kikwit, Kakobola-Gungu, et Kakobola-Idiofa).

Additional details

Number of official sources

2

Number of total sources

4

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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