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Overview

Chinese Government provides $14.7 million interest-free loan loan for Pakmong-Nateuy Section of No. 13 Road (NR13) Extension Project (Linked to Record ID#64756, #38597)

Commitments (Constant USD, 2023)$20,393,571
Commitment Year2009Country of ActivityLao People's Democratic RepublicDirect Recipient Country of IncorporationLao People's Democratic RepublicSectorTransport And StorageFlow TypeLoan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2009
Start (actual)
May 30, 2009
End (actual)
Dec 31, 2011
First repayment (originally scheduled)
Dec 30, 2018
Last repayment (originally scheduled)
Dec 27, 2028

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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The purpose of the project was to restore a 78.8 km stretch of No. 13 Road (NR13) that runs from the Nam Ko bridge in the city of Muang Xay within Oudomxay Province (at K86+000) to the village of Nateuy in Luang Prabang Province (at K164+776.765). More detailed locational information can be found at https://www.openstreetmap.org/directions?engine=graphhopper_car&route=21.0661%2C101.6422%3B20.7078%2C101.9834#map=11/20.8819/101.8117

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

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Laos

Implementing agencies

State-owned companies

  • Third Railway Survey and Design Institute Group Corporation (TSDI)
  • Yunnan Sunny Road & Bridge Co.. Ltd.

Loan description

Chinese Government provides $14.7 million interest-free loan loan for Pakmong-Nateuy Section of No. 13 Road (NR13) Extension Project

Grace period10 yearsGrant element75.0516%Interest rate (t₀)0%Interest typeFixed Interest RateMaturity20 years

Narrative

Full Description

Project narrative

On March 30, 2008, the Chinese Government and the Government of Laos signed an exchange of letters regarding the North Section of Pakmong-Nateuy Highway (No. 13) Extension Project. China’s Ministry of Commerce (MOFCOM) issued a $15.7 million grant (captured in Record ID#64756) and a $14.7 million interest-free loan (Record ID#64757) in support of the project. The purpose of the project was to restore a 78.8 km stretch of No. 13 Road (NR13) that runs from the Nam Ko bridge in the city of Muang Xay within Oudomxay Province (at K86+000) to the village of Nateuy in Luang Prabang Province (at K164+776.765). China Railway Third Survey and Design Institute Group Co., Ltd. was the contractor responsible for project design. Yunnan Sunshine Road and Bridge Co., Ltd was the contractor responsible for project implementation. Construction began on on May 30, 2009. Then, a formal groundbreaking ceremony took place June 22, 2009. MOFCOM conducted an on-site inspection in July 2011 and construction ended on December 31, 2011. The project passed final inspection on March 29, 2012. China Eximbank also financed the Oudomxay-Pakmong Section of No. 13 Road (NR13) Rehabilitation Project (see Record ID#38597).

Staff comments

1. This project is also known as the National Road No. 1A Renovation Project, the Laos Phôngsali Province Boun Neua - Lantui 1A Road Construction Project, or the Laos Phôngsali Province Boun Neua - Lantouy 1A Road Construction Project. The Chinese project title is 老挝丰沙里省本怒至兰堆1A道路建设修整项目 or 丰沙里省国道扩建工程 or 老挝1A道路改造项目. 2. 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.