Completed Mixed AidData Chinese Aid

China Eximbank provides $43.5 million preferential buyer’s credit for 3rd Cambodia-China Friendship (Prek Tamak) Bridge Construction Project (Linked to Record ID#32113)

$43.5M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Cambodia
Country	Cambodia
Start Date	Feb 22, 2007
End Date	Jul 13, 2033
Duration	9,638 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`33058`

Grant Description

China Eximbank provides $43.5 million preferential buyer’s credit for 3rd Cambodia-China Friendship (Prek Tamak) Bridge Construction Project On February 22, 2007, China Eximbank and the Government of Cambodia signed a $43,503,619 preferential buyer’s credit (PBC) agreement for the 3rd Cambodia-China Friendship (Prek Tamak) Bridge Construction Project.

📋 Loan / Grant Terms

📅 Maturity20 years

⏳ Grace Period7 years

💹 Interest Rate2%

The purpose of the project was to construct the Prek Tamak Bridge, which is 1,060 meters in length and 13.5 meters in width, with a designed speed of 60 km per hour. The bridge is located in the eastern part of the city of Phnom Penh.

The bridge connects national road No. 6 and national road No. 8. and it is meant to form an east-west backbone transportation network and promote the construction of an economic corridor in the region. Shanghai Construction Group (SCG) was the contractor responsible for implementation. The project commenced on June 6, 2007.

An inauguration ceremony for the official use of the Prek Tamak Bridge was held on January 24, 2011.

📋 Staff Comments

This project is also known as the 1060m Prek Tamak Bridge Over the Mekong River Project. The Khmer project title is ស្ពានព្រែកតាមាក់.
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 is a partial fulfillment of that commitment.

📚 Sources & References

China gives Cambodia 207m dollars in loans for infrastructure
Cambodia launches construction of Prek Tamak Bridge over Mekong River
CDC Project Achang Irrigation Development Project in Kompong Chhang Province
Cambodia opens China-funded bridge for traffic
CDC Construction of the Prek Tamak Bridge(1060m)
Inauguration Ceremony for the Official use of Prek Tamak Bridge
A Comparative Study on Characteristics of ODA of China-Japan-Korea to Cambodia
Assessing China’s Impact on Poverty Reduction in the Greater Mekong Sub-region: The Case of Cambodia
中方拟向柬埔寨提供6亿美元
Project/Program Information and Implementation Arrangements
Prek Tamak Bridge
从七号公路到湄公河大桥——记上海建工在柬埔寨﹙上﹚
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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