Completed Mixed AidData Chinese Aid

China Eximbank provides $9.4 million preferential buyer's credit for National Road No. 61 (NR. 61) Rehabilitation Project (Linked to Record ID#61163, #61164)

$9.49M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Cambodia
Country	Cambodia
Start Date	Oct 27, 2010
End Date	Sep 08, 2027
Duration	6,160 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`38722`

Grant Description

China Eximbank provides $9.4 million preferential buyer's credit for National Road No. 61 (NR. 61) Rehabilitation Project On October 27, 2010, China Eximbank and the Government of Cambodia signed a $9,494,528 preferential buyer's credit (PBC) agreement for the National Road No. 61 (NR. 61) Rehabilitation Project.

📋 Loan / Grant Terms

📅 Maturity20 years

⏳ Grace Period7 years

💹 Interest Rate2%

The proceeds of the loan were to be used by the borrower to finance 95% of the cost of an EPC contract with Shanghai Construction Group (SCG).

The National Road No. 61 (NR. 61) Rehabilitation Project was part of a larger initiative that was implemented in three phases (through three separate projects).

It was referred to as “Phase 1” of the larger initiative, and it involved the rehabilitation of a 16 km segment of the NR. 61 that connects Prek Kdam Bridge to a junction along National Road 6 (NR 6) in Thnol Keng village of Kampong Cham's Batheay district. The goal of the project was to facilitate traffic by widening the road to 11.5 meters.

SCG was the EPC contractor responsible for implementation. The project was supervised by Guangzhou Wanan Construction Supervision Company. Construction began on June 1, 2010 and the planned construction period was 24 months. The project was ultimately completed on June 28, 2014.

📋 Staff Comments

This project is also known as the Prek Kdam-Thnol Keng Segment of the National Road No. 61 (NR. 61) Rehabilitation Project, the NR.61 (Prek Kdam-Thnol Keng NR.6A) Project, and the Thnal Keang-Prek Kdam Bridge Road Rehabilitation Project.
The China Eximbank loan that supported National Road No. 61 (NR. 61) Rehabilitation Project (i.e. Phase 1) is not included in the Overseas Development Finance Dataset that Boston University’s Global Development Policy Center published in December 2020.
China Eximbank also financed Phase 2 (also known as The Enlargement Project of Siem Reap - Kampong Cham Segment of National Road No. 6A Project or 援柬埔寨国家6A号公路) and Phase 3 (also known as the Reconstruction Project of Thnal Kaeng to Ang Kroeung Segment of National Road No. 6 Project or 扩修6号公路磅湛省巴提县弯路至暹粒省安格隆地区路段) of the larger initiative. Phase 2 is captured in Project ID#61163 and Phase 3 is captured in Project ID #61164. The loan (PBC) agreements for all three phases were signed on June 13, 2012.

📚 Sources & References

CDC NR.61 (Prek Kdam-Thnol Keng NR.6A)
Address at the... and Ground Breaking Ceremony of National Road No. 61
Overview on Transport Infrastructure Sectors in the Kingdom of Cambodia (5th Edition)
Infrastructure Development Infrastructure Development September 2011
National Road No 61 (Thnal Keang - Prek Kdam Bridge)
Address at the Official Inauguration Ceremony of Prek Kdam Bridge Crossing Tonle Sap
National Road 6A
Siem Reap - Kampong Cham Expressway
我优买贷款支持的柬埔寨洞里萨河大桥提前竣工通车
柬埔寨国家6号公路举行启用仪式
集团承建的柬埔寨洞里萨河桥竣工通车暨61号公路开工典礼隆重举行
熊波大使同洪森首相共同出席中国援柬埔寨国家6A号公路启用仪式
我优买资金支持的柬埔寨6号公路扩建项目开工
Project/Program Information and Implementation Arrangements
Development Coordination - ADB
上海建工集团股份有限公司关于签订海外重大工程合同的公告
Table on the Completed Road-Bridge Project Implementation Used by International Donors from 2009 to Semester 1, 2014
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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