Overview

China Eximbank provides $23.7 million loan for the Sendin Water Treatment Plant Project (Linked to Record ID#64712)

Commitments (Constant USD, 2023)$25,904,637

Commitment Year•2016Country of Activity•Lao People's Democratic RepublicDirect Recipient Country of Incorporation•Lao People's Democratic RepublicSector•Water Supply And SanitationFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2016

Start (actual): Jun 17, 2016

End (actual): Jun 2, 2018

Last repayment (originally scheduled): Dec 27, 2035

Geospatial footprint

Map overview

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This project involved the construction of a water supply system in the village of Saendin within Naxaythong (Naxay Thong) District. More specifically, it involved the construction of intake from the Nam Ngum River, the construction of a water treatment plant with the capacity of 20,000 m3 /day, and the construction of clear water tanks (2 elevated tanks). Upon completion, the project reportedly delivered piped water from the water treatment plant to 56 villages in Naxaythong (Naxay Thong) District and 8 villages in Xaythany District. More detailed locational information can be found at: https://www.openstreetmap.org/node/702487479 and https://www.openstreetmap.org/relation/5831801.

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

Joint Venture/Special Purpose Vehicles

Nakhonluang Water Supply Enterprise

Loan desecription

China Eximbank provides $23.7 million loan for the Sendin Water Treatment Plant Project

Grant element•34.7281%Interest rate (t₀)•3.6%Interest type•Fixed Interest RateMaturity•20 years

Narrative

Full Description

Project narrative

In 2016, China Eximbank provided a $23,750,000 loan to Nakhonluang Water Supply Enterprise — a special purpose vehicle that is owned by Asia Investment, Development and Construction Sole Co., Ltd. — for the Sendin Water Treatment Plant Project. The loan reportedly carried a 3.6% interest rate and 20 year maturity. The project, which was implemented on a Build-Operate-Transfer (BOT), involved the construction of a water supply system in the village of Saendin within Naxaythong (Naxay Thong) District. More specifically, it involved the construction of intake from the Nam Ngum River, the construction of a water treatment plant with the capacity of 20,000 m3 /day, and the construction of clear water tanks (2 elevated tanks). Project implementation commenced on June 17, 2016, and ended on June 2, 2018. Upon completion, the project reportedly delivered piped water from the water treatment plant to 56 villages in Naxaythong (Naxay Thong) District and 8 villages in Xaythany District.

Staff comments

This project is also known as the Saendin Water Treatment Plant Project and the Sendine Water Treatment Plant Project. Asia Investment, Development and Construction Sole Co., Ltd owns a 50 year concession on the Saendin Water Treatment Plant.