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Overview

China Eximbank pledges a CFA 30 billion franc loan for the Reconstruction and Reinforcement Project of the Lomé-Vogan-Anfoin Section of National Route 34

Commitments (Constant USD, 2023)$55,178,525
Commitment Year2016Country of ActivityTogoDirect Recipient Country of IncorporationTogoSectorTransport And StorageFlow TypeLoan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Dec 1, 2016

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

State-owned companies

  • China Road & Bridge Corporation (CRBC)

Loan desecription

China Eximbank pledges a CFA 30 billion franc loan for the Reconstruction and Reinforcement Project of the Lomé-Vogan-Anfoin Section of National Route 34

Interest typeUnknown

Narrative

Full Description

Project narrative

In December 2016, the Government of Togo was in discussion with the Export-Import Bank of China about a potential CFA 30 billion loan for the Reconstruction and Reinforcement Project of the Lomé-Vogan-Anfoin Section of National Route 34. However, the Government of Togo ultimately decided to fund this project on its own, providing CFA 31 billion francs for the project. China Road and Bridge Corporation (CRBC) was selected as the contractor responsible for implementation. This project had originally been entrusted to the Ceco Group, but they was unable to complete the project, so CRBC took their place. China Road and Bridge Corporation (CRBC) began working several weeks before December 21, 2016. As of November 11, 2020, the project had achieved an 88% completion rate. The route was finally completed in July 2021, after the project was restarted in February 2021, as TOGO Travaux-Publics reports. This project involved the rehabilitation of a 61 km stretch along National Route 34 (N34) that runs from Lomé to Anfoin via Vogan. The highway was rebuild to the R60 highway standards. The road begins in Lomé, passing through Togo's phosphorus deposits and ends at the Benin border. The road had a roadbed width of 20 meters in its urban section and 10 to 13 meters in its suburban section.

Staff comments

The Chinese project title is 多哥34号国道LOMÉ-VOGAN-ANFOIN段道路修复与加固项目 or 34号国道紧急抢修工程. The French project title is travaux de Réhabilitation et de bitumage des routes Lomé-Vogan-Anfoin or Route Lomé-Vogan-Anfoin or La route nationale N34 Lomé-Vogan-Anfoin. This project is sometimes referred to as an emergency repair project.