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
Project lifecycle
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
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]