Project ID: 67057

China Eximbank pledges preferential buyer’s credit for Balinka-Matur-Ngarai Sianok Tunnel Construction Project

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Indonesia

Sector

Industry, mining, construction (Code: 320)

Flow type

Loan

Level of public liability

Unallocable

Infrastructure

Yes

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2016-01-01

Description

In 2016, China Eximbank reportedly signaled interest in issuing a preferential buyer’s credit for the Balinka-Matur-Ngarai Sianok Tunnel Construction Project. The purpose of the project was to construct tunnels, bridges and roads that connect Balinka, Matur, and Ngarai Sianok measuring 5 km in length. In a 2015-2019 List of Medium-Term Planned External Loans, the Government of Indonesia’s Planning Ministry (BAPPENAS) identified a potential $175 million loan for this project. However, AidData has not identified that China Eximbank ever issued a loan for this project.

Additional details

Number of official sources

2

Number of total sources

3

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Details

Cofinanced

No

Loan Details

Bilateral loan

Export buyer's credit

Investment project loan

Preferential Buyer's Credit