China Eximbank pledges loan for Dili Airport Rehabilitation Project
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Timor-Leste
Sector
Government and civil society (Code: 150)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
On June 9, 2015, the Government of Timor-Leste’s Council for Administration of Infrastructure Fund (CAFI) provided in principle approval for a project to rehabilitate the Dili airport with support from a China Eximbank loan. However, there is no evidence that a loan agreement was ever finalized.
Additional details
As of 2019, the Asian Development Bank (ADB) has completed a "Preliminary Assessment for Dili Airport Runway Upgrading Project" (See https://www.adb.org/sites/default/files/project-documents/52320/52320-001-tcr-en.pdf) which does not mention China or China Exim Bank as a possible source of financing.
Number of official sources
1
Number of total sources
1
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Timor-Leste [Government Agency]