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Active Development AidData Chinese Aid

China provides $1.5 bil to build the Argentine Metro project from Buenos Aires to Cordoba (Linked to Record ID#41096, #54754, and #54755)

$1.5M USD

Funder Unspecified Chinese Government Institution
Recipient Organization Government of Argentina
Country Argentina
Start Date Jan 01, 2011
End Date Dec 29, 2026
Duration 5,841 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 36979
Grant Description

China provides $1.5 bil to build the Argentine Metro project from Buenos Aires to Cordoba On July 24, 2010, the president of China Railway International signed an agreement with the government of Argentina to provide $1.5 billion USD in loans to build the Buenos Aires-Córdoba Metro project.

📋 Loan / Grant Terms
💰 Loan Amountincludes a five-year grace period over 15 years

The passenger flow will reach 200 thousand people per day and 70 million per year. The total investment is $1.8 billion USD.

China provides 85% of the total investment, and the Argentina government take the rest 15%。The construction is supposed to be started in the first half of 2011, and completed in 3 to 5-years.

The project was redesigned again in 2012.The redesigned project proposes a three line metro network consisting of 32.9 kilometers (20.4 mi) of route and 26 stations to be built by China Railway International and financed by a $1.8 billion USD loan from China. This project was cancelled in 2017.

📚 Sources & References
  • China lends $1.4 bln for Buenos Aires subway-report
  • 路透社:中国将向阿根廷提供14亿美元贷款用于修建地铁
  • China’s CITIC supplies new carriages for ageing Buenos Aires subway
  • China on the Ground in Latin America: Challenges for the Chinese and Impacts on the Region
  • South America’s metro pioneer looks to the future
  • January 11th, 2013 is a day of special meanings for the residents of Buenos Aires
  • Córdoba Metro
  • Córdoba metro redesigned
  • 中铁国际承建阿根廷地铁项目 出资15亿美元
  • 中国企业将承建阿根廷第二大城市地铁项目, royectodeNorma__Expediente_2927_2018
  • EX Nº 5014455-2014
  • PROYECTO DE LEY PRESUPUESTO DE LA ADMINISTRACIÓN GUBERNAMENTAL DEL GOBIERNO DE LA CIUDAD AUTÓNOMA DE BUENOS AIRE
  • INFORME SOBRE LA AUDIENCIA PÚBLICA CELEBRADA EL DÍA 15 DE JUNIO DE 2016
  • Córdoba debería estar estrenando el subterráneo que quedó en el olvido 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 Argentina

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