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Overview

China Export-Import Bank pledges $1,573,213,233 for Kano Metro Light Rail Project

Commitments (Constant USD, 2023)$1,715,937,612
Commitment Year•2016Country of Activity•NigeriaDirect Recipient Country of Incorporation•NigeriaSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2016

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

Government Agencies

  • Government of Nigeria

Implementing agencies

State-owned companies

  • China Railway 18th Bureau Group Co. Ltd.
  • China Railway Construction Corporation Limited (CRCC)

Loan desecription

China Export-Import Bank pledges $1,573,213,233 for Kano Metro Light Rail Project

Interest type•Unknown

Narrative

Full Description

Project narrative

The China Export-Import Bank pledges to shoulder 85% of the financial size of the Kano Metro Light Rail Project. This project was approved by the Nigerian State House of Assembly on October 10th, 2016 for a total cost of $1,850,839,098. 85% of this project cost is $1,573,213,233. The federal government then recommended Phase 1 of the project begin. Phase 1 consists of a light rail from Dawanau Grains Market to Bata and was expected to be completed within 20 months. China Railway Construction Corporation is responsible for this implementation. The consortium of China Railway 18th Bureau Group and China Railway Construction Electrification Bureau Group will construct Phase 1 and Phase 2 of the network. The total network is expected to have a length of 74.3 km and a maximum design speed of 100 km/hour. Upon completion, this light rail network is expected to reach Janguza-Bata, Jogana-Bata, Dawanau-Bata and Kwanar Dawaki-Bata routes in Kano. The exact implementation timeline of this project is unknown. The financial details are also unknown.

Staff comments

The commitment date of this project is unclear. As of now, AidData estimates the commitment year to be 2016, which is when this project was approved by the recipient.