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China Eximbank provides $15.2 million preferential buyer's credit (PBC) loan for National Road 3762 (NR 3762) Rehabilitation Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Cambodian Ministry of Economy and Finance |
| Country | Cambodia |
| Start Date | Dec 21, 2009 |
| End Date | May 30, 2027 |
| Duration | 6,369 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 32180 |
Grant Description
China Eximbank provides $15.2 million preferential buyer's credit (PBC) loan for National Road 3762 (NR 3762) Rehabilitation Project On December 21, 2009, China Eximbank and the Government of Cambodia's Ministry of Finance signed a $15,228,192 preferential buyer's credit (PBC) loan agreement for the National Road 3762 (NR 3762) Rehabilitation Project.
The proceeds of the loan were to be used by the borrower to partially finance an EPC contract with China Road & Bridge Corporation (CRBC).
The purpose of this project was to rehabilitate a 26.45 km segment of National Road 3762 (NR 3762) that connects Senmonorom, the capital of Mondulkiri Province to Dak Dam, also in Mondulkiri Province. CRBC was the EPC contractor responsible for implementation. The project officially commenced on September 01, 2010 and was completed on December 01, 2012.
The construction period was originally expected to last 27 months.
Staff Comments
- This project is also known as the Design-Build of National Road 3762 Rehabilitation Project. The Chinese project title is 柬埔寨3762号公路.
- The China Eximbank PBC 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.
- The loan agreement for this project was one out of 14 agreements signed by the Chinese Government and the Government of Cambodia on December 21, 2009.
Sources & References
- Cambodian premier
- Chinese vice-president witness document-signing
- Chinese Vice President Arrives in Cambodia
- Cambodia tightens economic links with China
- CDC Design-Build of National Road 3762 Rehabilitation Project
- 柬埔寨副总理兼财政部长吉春等政府官员参加3762号公路开工仪式
- Overview on Transport Infrastructure Sectors in the Kingdom of Cambodia (5th Edition)
- Infrastructure Development Infrastructure Development September 2011
- Project/Program Information and Implementation Arrangements
- Overview on Transport Infrastructure Sectors in the Kingdom of Cambodia (4th Edition) 2012
- 中交中路公司签署柬埔寨3762号公路EPC合同
- 中交中路公司签署柬埔寨3762号公路EPC合同
- 中交中路公司签署柬埔寨3762号公路EPC合同
- Table on the Completed Road-Bridge Project Implementation Used by International Donors from 2009 to Semester 1, 2014
- H.E. Tram IvTek had a meeting with Delegate Association China International Building
- 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
Cambodian Ministry of Economy and Finance
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