Active Development AidData Chinese Aid

China Construction Bank agrees in principle to provide loan for Phase 3 of ZIGA II Water Plant Project

Funder	China Construction Bank Corporation (CCB)
Recipient Organization	Government of Burkina Faso
Country	Burkina Faso
Start Date	Jul 01, 2023
End Date	Nov 13, 2032
Duration	3,423 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`104578`

Grant Description

China Construction Bank agrees in principle to provide loan for Phase 3 of ZIGA II Water Plant Project In June 2023, Hunan Construction Investment International Trade Co., Ltd. was awarded an EUR 200 million contract for Phase 3 of the ZIGA II Water Plant Project in Burkina Faso.

Then, on July 1, 2023, China Construction Bank agreed in principle to provide $350 million of financing for three projects in Africa, one of which was Phase 3 of the ZIGA II Water Plant Project.

The Ziga II Project aims to meet the demand for drinking water and to expand access to drinking water in the outlying districts of the city of Ouagadougou.

📋 Staff Comments

The Chinese project title is 布基纳法索ZIGAII水厂三期.
Some sources suggests that Hunan Construction Investment Group won the June 2023 contract.

📚 Sources & References

金融赋能中非经贸高质量发展，建行跨境金融服务助力湘企出海'掘金”
中企海外投资项目评估报告（2023.6.10-2023.6.16）
Hunan Construction Investment has won the Burkina Faso Water Plant Project, “三建客”来“湘”会湖南建行联动欧洲巴黎分行、约翰内斯堡分行服务中非经贸博览会
ZIGA Ⅱ Water Supply Project in Burkina Faso
L’ONEA PASSE EN REVUE SES PROJETS ET PROGRAMMES, 2019 Activity Report
苏美达能源公司与湖南建投中湘海外斩获海外工程项目
中企海外项目周报（2023.6.10-2023.6.16） 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 Burkina Faso

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