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Overview

ICBC provides loan for Phase 2 of Libreville and Peripheral Roads Rehabilitation Project (Linked to Record ID#60358)

Commitment Year•2017Country of Activity•GabonDirect Recipient Country of Incorporation•GabonSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Aug 4, 2017

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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This project involves the rehabilitation of roads in and around the capital city of Libreville. More detailed locational information can be found at: https://www.openstreetmap.org/relation/2804109

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Commercial Banks

  • Industrial and Commercial Bank of China (ICBC)

Receiving agencies

Government Agencies

  • Government of Gabon

Loan description

ICBC provides loan for Phase 2 of Libreville and Peripheral Roads Rehabilitation Project

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2017, the Government of Gabon signed two loan agreements with the Industrial and Commercial Bank of China (ICBC): one for the Phase 1 and one for Phase 2 of the Libreville and Peripheral Roads Rehabilitation Project. The face values and borrowing terms of these loans are unknown. Record ID#60358 captures the ICBC loan for Phase 1. Record ID#60360 captures the ICBC loan for Phase 2. The proceeds of the two loans were to be used by the borrower to rehabilitate roads in and around Libreville. The contractor responsible for implementation is unknown. It is also not known if this project entered implementation.

Staff comments

1. The French project title is Phase II Réhabilitation des routes périphériques. 2. This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.