Project ID: 73072

CDB provides Kyrgyz Republic US$4 million for China-Kyrgyzstan-Uzbekistan highway construction (Linked to project ID#40315)

Commitment amount

$ 7197057.531536399

Adjusted commitment amount

$ 7197057.53

Constant 2021 USD

Summary

Funding agency [Type]

China Development Bank (CDB) [State-owned Policy Bank]

Recipient

Kyrgyzstan

Sector

Transport and storage (Code: 210)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2007-03-13

Geography

Description

On March 13, 2007, China Road and Bridge Engineering Co., Ltd., and Kyrgyzstan Minister of Transport and Communications Suleymanov signed the China-Kyrgyzstan-Uzbekistan Highway construction contract. The contract value is 27 million US dollars. The length of the section is 77 kilometers (Osh-Quelcea) and the construction period is 36 months. In order to initiate the ADB loan, the Kyrgyz side needs to contribute US$4 million in matching funds. At the request of the Kyrgyz government, the China Development Bank would provide the Kyrgyz side with this matching fund loan (captured in project ID#73072). The loan details are unknown. The China-Kyrgyzstan-Uzbekistan Highway starts from Kashgar, Xinjiang, China in the east, passes through the China-Kyrgyzstan port, passes through the south of Kyrgyzstan, and ends in Tashkent, Uzbekistan in the west. The funds needed to repair 258 kilometers of roads in Kyrgyzstan were solved in three ways: one was to use China's 60 million yuan free assistance to repair the 17.74 kilometers of roads (captured in project ID#40315, project completed); the second was to use ADB and Islamic Development Bank loans to repair 121 kilometers (ADB loans to 77-kilometer section construction and the Islamic Development Bank loans to 44-kilometer section construction); the third is to repair the remaining sections through the Sino-Kyrgyzstan "resource for project" cooperation model.

Number of official sources

3

Number of total sources

5

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of the Kyrgyz Republic [Government Agency]

Implementing agencies [Type]

China Road & Bridge Corporation (CRBC) [State-owned Company]

Government of Kyrgyzstan [Government Agency]

Loan Details

Bilateral loan

Investment project loan