Project ID: 824

Chinese Government provides RMB 20 million interest-free loan for rehabilitation of the access road to the Mugere Hydroelectric Power Plant

Commitment amount

$ 4387228.382868154

Adjusted commitment amount

$ 4387228.38

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Burundi

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

ODA-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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2008-10-27

Actual start

2009-04-01

Actual complete

2010-01-12

Geography

Description

On October 27 and 29, 2008, China’s Ambassador to Burundi and the Government of Burundi signed an agreement to rehabilitate an 8.42 km access road to the Mugere Hydroelectric Power Plant. The Chinese Government reportedly committed an RMB 20 million interest-free loan for this project. Then, on August 13, 2009, China Road and Bridge Corporation (CRBC) signed a contract with the Burundian Ministry of Public Works and Equipment to complete the road rehabilitation project and thereby support ongoing maintenance work at the 8MW Mugere Hydroelectric Power Plant (see Project ID#825). According to the Government of Burundi's Development Assistance Database (DAD), the Chinese government ultimately disbursed $1.84 million in support of this project. China First Highway Engineering Company (CFHEC) was the contractor responsible for implementation. Construction began in April 2009 and ended on January 12, 2010.

Additional details

1. The French project title is la réhabilitation de la route d’accès à la centrale hydroélectrique de Mugere. The Chinese project title is 布穆杰雷水电站进场道路修复项目 or 布隆迪穆杰雷水电站进场道路修复项目 or 援布隆迪穆杰雷水电站进场道路项目. 2. This loan is omitted from the database of Chinese loan commitments that SAIS-CARI released in July 2020. Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20 years by default and grace period to 10 years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20 years, with a drawdown period of 5 years, grace period of 5 years, and repayment over 10 years. AidData treats the drawdown period as providing 5 years of additional grace.

Number of official sources

5

Number of total sources

9

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Burundi [Government Agency]

Implementing agencies [Type]

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

Government of Burundi [Government Agency]

China First Highway Engineering Company (CFHEC) [State-owned Company]

Loan Details

Maturity

20 years

Interest rate

0.0%

Grace period

10 years

Grant element (OECD Grant-Equiv)

71.6021%

Bilateral loan

Interest-free loan

Investment project loan