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China pledges funding for Bakhtiari Dam (linked to Record ID#41492)
| Funder | Unspecified Chinese State-owned Bank |
|---|---|
| Recipient Organization | Government of Iran |
| Country | Iran |
| Start Date | Jul 01, 2021 |
| End Date | Sep 14, 2033 |
| Duration | 4,458 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 101631 |
Grant Description
In 2011, SinoHydro signed a contract with the Iranian government to build the Bakhtiari Dam (Persian: سد بختیاری) at a cost of USD 2 billion (see Record ID#41492). The project was planned to be funded by SinoHydro as foreign direct investment.
In 2012, Iran awarded the contract to Khatam-al Anbiya Construction Headquarters (Persian: خاتمالانبیا قرارگاه سازندگی) and the Chinese investment was cancelled.
On March 25, 2013, Iran Water and Power Resources Development Company (Persian: شرکت توسعه منابع آب و نیروی ایران) began construction on the dam. When completed it will be the tallest dam in the world.
In a July 2021 interview, the governor of Lorestan province stated that the dam was being constructed by Ab Niru (Persian: شرکت آب نیرو) and that the project was funded, finalized, and securitized by China. As of February 2024 the project was waiting to obtain permits for Chinese finance.
Sources & References
- Iran
- China to ink world largest dam finance deal
- China to help Iran build world's tallest dam
- Iran cancels $2 bn dam contract with China: reports
- Iran News Roundup October 6, 2010
- Iran’s Tallest Dam to Be Built Using Chinese Financing, استاندار لرستان: تمامی پیگیریهای سد بختیاری در سال های اخیر توسط لرستان انجام شده است
- Iranian contractor to build world’s tallest arch dam
- Chinese bid rejected
- News: Bakhtiari
- World 's Highest Dam
- Kicks off in the Presence of Mahmood Ahmadinejad, بلندترین سد کشور فاینانس چین ساخته می شود Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Government of Iran
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