Completed Mixed AidData Chinese Aid

China Eximbank provides $28.7 million preferential buyer's credit for 2nd Cambodia-China Friendship (Prek Kdam) Bridge Construction Project (Linked to Record ID#32113)

$28.78M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Cambodia
Country	Cambodia
Start Date	Jan 22, 2007
End Date	Nov 28, 2026
Duration	7,250 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`33057`

Grant Description

China Eximbank provides $28.7 million preferential buyer's credit for 2nd Cambodia-China Friendship (Prek Kdam) Bridge Construction Project On January 22, 2007, China Eximbank and the Government of Cambodia signed a $28,783,664 preferential buyer's credit (PBC) agreement for the 2nd Cambodia-China Friendship (Prek Kdam) Bridge Construction Project.

📋 Loan / Grant Terms

📅 Maturity20 years

⏳ Grace Period7 years

💹 Interest Rate2%

The proceeds of the PBC were to be used by the borrower to partially finance an EPC contract with Shanghai Construction Group (SCG).

The purpose of the project was to construct the Prek Kdam Bridge (also known as the 2nd Cambodia-China Friendship Bridge), which is 975 meters in length and 13.5 meters in width, with a speed limit of 60 km per hour.

It is located 31.5 km from Phnom Penh along National Road No. 5 and it connects to National Road No. 6A in Ponhea Lue district.

The completion of the bridge was designed to facilitate the movement of people and commerce in the Eastern part of Cambodia and to enable travel to other regions without taking a ferry. SCG was the EPC contractor responsible for implementation. On June 11, 2007, the groundbreaking ceremony was held, and a closing ceremony was held on September 14, 2009.

The bridge was officially opened to traffic on May 31, 2010.

📋 Staff Comments

This project is also known as the Construction of the 975m Prek Kdam Bridge Project. The Chinese project title is 洞里萨河大桥. The Khmer project title is ស្ពានព្រែកក្ដាម.
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.
On January 22, 2007, China Eximbank committed to providing a $207 million loan package for the “two bridges and two roads” project (involving Prek Tamaek Bridge, Prek Kdam Bridge, National Road No. 6, and National Road No. 8; see linked umbrella Project ID#32113). This project was a partial fulfillment of that commitment.

📚 Sources & References

Cambodia launches construction of Prek Kdam Bridge over Tonle sap River
China gives Cambodia 207m dollars in loans for infrastructure
我优买贷款支持的柬埔寨洞里萨河大桥提前竣工通车
Cambodian Premier: China Is a Good
Close Friend
The Prek Kdam Bridge in Cambodia funded by China opened
Cambodian PM. Chinese envoy inaugurate 'friendship bridge'
Cambodia opens China-funded bridge for traffic
CDC Construction of the Prek Kdam Bridge(975m)
Address at the Prek Kdam's Bridge Groundbreaking Ceremony
INAUGURATION CEREMONY...
驻柬埔寨大使潘广学出席洞里萨河大桥竣工仪式
中方拟向柬埔寨提供6亿美元, 2 New Bridges Funded by China to Open Next Month
柬埔寨首相洪森视察湄公河大桥项目混凝土灌注桩施工现场
柬埔寨2亿美元优买信贷项下2路2桥项目全部开工建设
Project/Program Information and Implementation Arrangements
Overview on Transport Infrastructure Sectors in the Kingdom of Cambodia (5th Edition)
Infrastructure Development Infrastructure Development September 2011
柬埔寨首相出席中国援建柬洞里萨河大桥合龙仪式
China Overseas Development Finance
Peng Ponea leads delegation to inspect the quality of the Cambodia-China Prek Kdam Friendship Bridge 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.