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Overview

China Eximbank provides CFA 36 billion loan for Phase 2 of Gnassingbé Eyadéma International Airport Expansion and Modernization Project (Linked to Record ID#46970 and #73836)

Commitments (Constant USD, 2023)$66,214,230
Commitment Year•2016Country of Activity•TogoDirect Recipient Country of Incorporation•TogoSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
May 30, 2016
Start (actual)
Feb 15, 2016
End (actual)
Dec 23, 2019

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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This project involved the modernization and expansion of Gnassingbe Eyadema International Airport in the capital city of Lomé. More detailed locational information can be found at https://www.openstreetmap.org/relation/10737115.

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

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Government of Togo

Implementing agencies

Government Agencies

  • Togo Ministry of Economy and Finance
  • Togo Ministry of Infrastructure and Transport

State-owned companies

  • China Airport Construction Group Co., Ltd. (CACC)
  • Weihai International Economic & Technical Cooperative Co., Ltd (WIETC)

Loan desecription

China Eximbank provides CFA 36 billion loan for Phase 2 of Gnassingbé Eyadéma International Airport Expansion and Modernization Project

Interest type•Unknown

Narrative

Full Description

Project narrative

On May 30, 2016, the Export-Import Bank of China and Ministry of Economy and Finance of the Republic of Togo signed a CFA 36 billion ($67 million) loan for Phase 2 of the Gnassingbé Eyadéma International Airport Expansion and Modernization Project. The borrowing terms of the loan are unknown. Phase 2 involved the expansion of a 3,000-square-meter passenger terminal, the installation of two new boarding bridges, and the creation of a new apron for class E aircraft. The project was expected to improve Togo's civil aviation and safety and help turn the Gnassingbé Eyadéma International Airport into an aviation hub in West Africa. Phase 2 also included the construction of offices, a new presidential pavilion, a hotel with 96 rooms, 5 of which were suites. China Airport Construction Group Corporation and Weihai International Economic & Technical Cooperative Co., Ltd (WIETC) were the contractors responsible for implementation. Construction began on February 15, 2016, and was completed in April 2019. The acceptance ceremony of the project was held on December 23, 2019 and was attended by Togo's Minister of Infrastructure and Transport Zouréhatou Kassah-Traore and Chinese Ambassador to Togo Chao Weidong.

Staff comments

1. The Chinese project title is 多哥洛美机场改扩建二期项目 or 的多哥洛美机场改扩建二期项目 or 多哥二期机场项目 or 的多哥洛美机场二期指廊扩建工程. The French project title is Les travaux annexes de la modernisation de l'aéroport international Gnassingbé Eyadéma (AIGE) de Lomé. 2. In the database of Chinese loan commitments that SAIS-CARI released in July 2020, it identified this project as being financed by China’s Ministry of Commerce (MOFCOM) with a $62 million interest-free loan. However, AidData has recorded China Eximbank as the financier of the project because it is identified as such by the Government of Togo and the Chinese Government. 3. The SAIS-CARI database recorded this project as having reached the official commitment (loan signature) stage but not the implementation stage or completion stage. AidData records this project as having reach the completion stage because it passed final inspection on December 23, 2019. 4. China Eximbank also financed Phase 1 of the Gnassingbé Eyadéma International Airport Expansion and Modernization Project (captured via Record ID#46970 and ID#73836).