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China Eximbank provides $49.9 million preferential buyer's credit loan for Phase 1 of Kanghot Irrigation Development Project (Linked to Record ID#35591)
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Cambodia |
| Country | Cambodia |
| Start Date | Oct 23, 2009 |
| End Date | Sep 15, 2029 |
| Duration | 7,267 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 32187 |
Grant Description
China Eximbank provides $49.9 million preferential buyer's credit loan for Phase 1 of Kanghot Irrigation Development Project On October 23, 2009, China Eximbank and the Government of Cambodia signed a $49,911,971 Preferential Buyer's Credit (PBC) loan agreement for Phase 1 of the Kanghot Irrigation Development Project.
The proceeds from the PBC were used to partially finance an EPC contract with Guangdong Foreign Construction Company (GDFC). The Cambodian government also contributed $13 million to the project.
The purpose of the project was to construct an irrigation system in the Kanghot (or Kang-hot or Konghot) area within Battambang Province.
It involved the construction of a river barrage and water diversion dam, water irrigation and drainage channels, and channel auxiliary buildings.
Upon completion, it was expected that the project would make approximately 34.3 thousand hectares of farmland available in the Banan and Sangke districts. GDFC was the EPC contractor responsible for implementation. The project commenced on November 26, 2010 and ended on June 4, 2013.
China Eximbank also provided a Government Concessional Loan (GCL) for Phase 2 of the Kanghot Irrigation Development Project (captured in linked Record ID#35591).
Staff Comments
- The Chinese project title is 马德望省Kang-hot灌溉发展项目一期.
- 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 PM opens irrigation project built with Chinese loan
- Kanghot Irrigation Development Project in Battambang Province
- In the News: Cambodian PM says irrigation network to cover 70 pct by 2013
- Completion of 1st Phase for Kanghot Irrigation Development Project in Battambang Province of the Kingdom of Cambodia Undertaken by our company
- 柬首相洪森希中国援建更多水利项目
- CDC Kanghot Irrigation Development Project in Battambang Province
- Dams
- Casinos and Concessions: Chinese Megaprojects in Laos and Cambodia
- 我司承建的马德望省Kang-hot灌溉发展项目一期竣工
- 柬埔寨马德望省水利枢纽项目签约仪式
- 柬埔寨马德望省Kanghot灌溉发展项目
- Kanghot Irrigation Development Project in Battambang Province
- Project/Program Information and Implementation Arrangements
- 宋晓国参赞陪同布建国大使赴马德望省调研
- 柬埔寨水利部部长林建河视察我司承建的马德望省Kanghot灌溉发展项目
- Kanghot Irrigation Development Project in Battambang Province
- Cambodia
- Construction plan of main canal lining project of KANGHOT irrigation development phase 2 project in Battambang Province
- Kingdom of Cambodia.doc
- Battambang Kanghot Irrigation Development Project in 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.
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Government of Cambodia
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