Chinese Government provided loan to Cambodia for National Road No. 7 (NR 7) Water Damaged Road Rehabilitation Project
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Cambodia
Sector
Transport and storage (Code: 210)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
In January 2017, the construction of National Road No. 7 (NR 7) Water Damaged Road Rehabilitation Project in Cambodian was started. According to a source from the implementing agency, Zhejiang Infrastructure Construction Group Co. Ltd., the project is one of the concessional loans or preferential buyer's credit projects (“两优”贷款项目) provided by Chinese government. Construction officially started in January 2017. On December 14th, 2018, the Construction of Phase 1 is completed. On Jan. 23rd, 2019, the Certificate of giving-receiving the Rehabilitation Project was signed presided over by Cambodian Prime Minister and his Chinese counterpart Li Keqiang, Cambodia and China. It implies that the project has been completed. This project supported a 93.5 km road segment.
Additional details
The Chinese project title is 中国援柬7号公路道路水毁修复项目. "Year Uncertain" box is checked because it is unknown if the commitment was made in 2017. Because the project is reported to be one of the concessional loans or preferential buyer's credit projects, it is highly possible that the funding source is Chinese EXIM Bank. However, no evidence is found for this.
Number of official sources
7
Number of total sources
11
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Cambodia [Government Agency]
Implementing agencies [Type]
Zhejiang Construction Group [State-owned Company]