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Overview

Chinese Government provides RMB 78 million grant for National Convention Center Banquet Hall Project

Commitments (Constant USD, 2023)$10,807,484
Commitment Year•2017Country of Activity•Lao People's Democratic RepublicDirect Recipient Country of Incorporation•Lao People's Democratic RepublicSector•Government And Civil SocietyFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Aug 11, 2017
Start (planned)
Aug 26, 2018
Start (actual)
Aug 26, 2018
End (planned)
Oct 25, 2019
End (actual)
Feb 1, 2020

Geospatial footprint

Map overview

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Chinese Government provides RMB 78 million grant for National Convention Center Banquet Hall Project in Vientiane. More detailed locational information can be found at: https://www.openstreetmap.org/way/363611306

Stakeholders

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

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Laos

Implementing agencies

Private Sector

  • Yanjian Group Co., Ltd.

State-owned companies

  • China Zhongyuan International Engineering Co., Ltd.

Loan description

Chinese Government provides RMB 78 million grant for National Convention Center Banquet Hall Project

Narrative

Full Description

Project narrative

On August 11, 2017, China and Laos signed the EPC contract for the China-assisted National Conference Center banquet hall project (老挝国家会议中心宴会厅项目). The investment into the project is about 78 million RMB. ("中国将援建老挝国家会议中心宴会厅"). On May 11, 2018, the two sides signed the supplementary EPC for the project that it will be designed by China Zhongyuan International Engineering Co., Ltd. and constructed by Yanjian Group Co., Ltd.("高燕副部长见证签署援老挝两项目实施协议"). The project was scheduled to begin on August 26, 2018, and to be completed on October 25, 2019. Though the exact start date for construction is unclear, construction was in progress as of November 9, 2018. And the project was completed and handed over in February 2020 ("严防海外疫情，持续推进援外项目建设——会员单位中国中元援外项目防疫、生产两不误"). The building area of the banquet hall is about 3450 m2 with a contract price of RMB 68,630,000.00 Yuan ("Yanjian wins the bid of the Banquet Hall Project of Lao National Conference Center"). This project is located in the downtown area of Vientiane, Laos. The new banquet hall is located in the center area of the National Conference Center building. And it includes a banquet hall for the head of state that can accommodate 20 people, a premier banquet hall that can accommodate 80 people, and a large banquet hall that can accommodate 1,000 people. After the completion of the project, it will improve the architectural functions of the Lao National Conference Center, enrich the architectural space, enhance the efficiency of the use of the buildings, and play a greater role in Laos’s political life ("Yanjian wins the bid of the Banquet Hall Project of Lao National Conference Center").