China Eximbank provides $32.4 million preferential buyer’s credit for Don Khong-Mekong Bridge Construction Project

In 2011, China Eximbank and the Government of Laos signed a $32.414 million preferential buyer’s credit (PBC) agreement for the Don Khong-Mekong Bridge Construction Project. The borrowing terms of the PBC are unknown. It is known that the proceeds of the PBC were to be used by the borrower to finance 95% of the $34.12 million cost of a commercial (EPC) contract with Hunan Provincial Communications Planning Survey & Design Institute. The purpose of the project was to construct a 718 meters long bridge over the Mekong River to Don Khong (ດອນໂຂງ) Island and a 4.2-kilometer road that connects the bridge to National Route 13. Hunan Provincial Communications Planning Survey & Design Institute was the EPC contractor responsible for implementation. Construction began on November 28, 2011. The project was officially completed on November 23, 2014 and the bridge was opened to traffic on the same day.

Additional details

This project is also known as the DoneKong-Mekong Bridge Construction Project, the Donekong Island Mekong River Bridge Project, the Don Khong Bridge Project, and the Don Khong Island Bridge Project. The Chinese project title is 农良-塔銮桥道路建设项目 or 东空岛跨湄公河大桥. The China Eximbank loan that supported this project is not included in the Overseas Development Finance Dataset that Boston University’s Global Development Policy Center published in December 2020.

Number of official sources

3

Number of total sources

9