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Chinese Government pledges $500 million concessional lending package for unspecified projects
| Funder | Unspecified Chinese Government Institution |
|---|---|
| Recipient Organization | Government of Cambodia |
| Country | Cambodia |
| Start Date | Jan 01, 2013 |
| End Date | Jul 28, 2026 |
| Duration | 4,956 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 32131 |
Grant Description
Chinese Government pledges $500 million concessional lending package for unspecified projects China and Cambodia signed a number of agreements during Prime Minister Hun Sen's visit to China April 6-10, 2013, including soft loan agreements worth $500 million USD as well as RMB 300 million in grants (as captured in Record ID#62486).
The agreements were signed by Hun Sen and Chinese Premier Li Keqiang. The loans and grant money will be used mostly for infrastructure projects.
Known projects drawing from the total loans promised include: #38815- RMB 329.7 million government concessional loan for Phase 2 of Stung Chikreng River Basin Water Resources Development Record ID#38780- RMB 126 million government concessional loan for 7th China-Cambodia Friendship Koh Thom Bridge Construction Record ID#62488- RMB 200 million interest-free loan through an Economic and Technical Cooperation Agreement (ETCA) for unspecified purposes
Sources & References
- Cambodia
- China to sign eight cooperation documents Phnom Penh
- April 5 – Cambodia and China will sign eight cooperation documents during Cambodian...
- China pledges $548 mln in aid to ally Cambodia
- Cambodia Scores More Aid From China
- 邁向更高一層樓‧柬中續推進合作關係 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 Cambodia
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