[Cancelled] China Eximbank provides oil-backed loan for the Gil Maya International Airport Project (Linked to Umbrella Record ID#56198)

[Cancelled] China Eximbank provides oil-backed loan for the Gil Maya International Airport Project On April 21, 2011, China CAMC Engineering Co., Ltd. signed a commercial contract worth $1.057 billion with the Government of Chad for the Gil Maya International Airport Project.

According to Rapport de Stage CLRT, the Government of Chad obtained funding from China Eximbank for the construction of this project. However, the face value of the loan is unknown. This purpose of this project was to build an international airport in the Gil Maya, Chad. The project site was located in the Gil Maya region, 27 kilometers north of N’Djamena, the capital of Chad.

The project would have involved the construction of an international airport with a 4F flight zone, a connection to the N’Djamena refinery and the airport's 66KV power transmission line and oil pipeline, and a highway from the airport to N'Djamena. This airport was designed to accommodate around one million passengers a year.

The project was underway as of late 2011 and expected to reach completion in 2015. However, it was not ultimately completed with financing from China Eximbank.

Although it was initially approved for financing through a subsidiary loan under the Master Loan Facility Agreement (MLFA) that the Government of Chad signed with China Eximbank in 2011 (captured in #56198), the MLFA was subsequently cancelled in December 2013. Therefore, AidData has status-coded this project as cancelled.