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China Eximbank provides $31 million preferential buyer's credit for Kampong Trabek River Flood Control Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Cambodia |
| Country | Cambodia |
| Start Date | Dec 21, 2009 |
| End Date | Nov 22, 2029 |
| Duration | 7,276 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 32176 |
Grant Description
China Eximbank provides $31 million preferential buyer's credit for Kampong Trabek River Flood Control Project On December 21, 2009, China Eximbank and the Government of Cambodia signed a $31,014,469 preferential buyer’s credit (PBC) agreement for the Kampong Trabek River Flood Control Project. The agreement was signed by Cambodian Secretary of State and Minister of Economy and Finance, H.E.
On Poan Monirath and the Chairman of China Eximbank, Mr. Li Ruogu.
The proceeds from the loan were used to partially finance an EPC contract with Guangdong Construction Engineering Construction Co., Ltd. (GDFC).
The purpose of this project was to improve flood control standards and upgrade land utilization, cultivation conditions, and grain output in Prey Veng Province.
It involved the construction of a flood control dyke on both banks of Preaek Tra Beak river together with field irrigation and drainage system so as to provide an irrigation water source and ensure drainage capability. GDFC was the contractor responsible for implementation. The project commenced on November 24, 2010 and was completed by March 21, 2015.
Staff Comments
- The Chinese project title is Kampong Trabek河防洪项目 or 柬埔寨菠萝勉省防洪工程.
- The China Eximbank loan that supported this project is not included in the Overseas Development Finance Dataset that Boston University’s Global Development Policy Center published in December 2020.
Sources & References
- Cambodian premier
- Chinese vice-president witness document-signing
- Cambodia tightens economic links with China
- Selected Comments at the Inauguration of Cambodia-China Friendship Bridge Prek Kadam
- Strategic Directions for Integrated Flood Risk Management in Focal Areas
- CDC Kampong Trabek River Flood Control Project in Prey Veng Province
- Dams
- Casinos and Concessions: Chinese Megaprojects in Laos and Cambodia
- Kampong Trabek River Flood Control Project in Prey Veng Province
- Project/Program, カンボジア国 電力セクター 基礎情報収集・確認調査 ファイナルレポート
- GDFC
- GDFC
- Kampong Trabek River Flood Control Project in Prey Veng Province
- The Kampong Trabek River Flood Control Project in Prey Veng Province，Combodia
- Government Concessional Loan and Prefferential Buyer's Credit Brochure
- 柬埔寨菠萝勉省防洪工程
- Chinese vice-president Xi to witness signing of 14 agreements with Cambodia
- China Overseas Development Finance 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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