Completed Mixed AidData Chinese Aid

China Eximbank provides $57.8 million preferential buyer’s credit for National Road No. 62 (North Section: Tbeng Meanchey-Preas Vihear) and Road No. 210 Rehabilitation Project (Linked to Record ID#32195)

$57.8M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Cambodian Ministry of Economy and Finance
Country	Cambodia
Start Date	Apr 05, 2008
End Date	Jul 31, 2032
Duration	8,883 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`38785`

Grant Description

China Eximbank provides $57.8 million preferential buyer’s credit for National Road No. 62 (North Section: Tbeng Meanchey-Preas Vihear) and Road No. 210 Rehabilitation Project On April 5, 2008, China Eximbank and the Government of Cambodia's Ministry of Economy and Finance signed a preferential buyer’s credit (PBC) agreement for the National Road No. 62 (North Section: Tbeng Meanchey-Preas Vihear) and Road No. 210 Rehabilitation Project.

The Government of Cambodia approved the loan on April 11, 2008.

📋 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 (commercial) contract with Shanghai Construction Group (SCG).

The purpose of the project was to (a) rehabilitate a 116.36 km section of National Road No. 62 (NR 62) between Tbeng Meanchey (Tbaeng Meanchey) and Prasat Preah Vihear Temple; and (b) rehabilitate a 34.15 km section of National Road No. 210 (NR 2010) between Thanl Bek Village at the Junction of NR62 and Srayang Koh Ker (Srayong Koh Ker).

SCG was the EPC contractor responsible for implementation. The project was supervised by Guangzhou Wanan Construction Supervision Company. A formal groundbreaking ceremony was held on April 5, 2008. On December 13, 2011, the project was officially completed and the roads were opened for use.

📋 Staff Comments

This project is also known as the Design & Construction Project of the National Road No. 62 North from Tbeng Meanchey to Prasat Preah Vihear Temple & Road No. 210 from Thanl Bek Village, the Junction of NR62 to Srayang-Koh Ker. The Chinese project title is 62号公路项目 or 柬埔寨62号公路北段从特崩棉吉至柏威夏山脚.
The South Section of National Road No. 62 (NR 62) was funded by another China Eximbank preferential buyer’s credit worth $68,363,120 (as captured via Project ID#32195).

📚 Sources & References

CDC Design & Construction Project of the National Road No. 62 of Cambodia from Tbeng Meanchey to Prasat Preah Vihear & Road No. 210 from Thanl Bek Village, the Junction of NR No. 62 to Srayang-Koh Ker
Keynote Address at the Ceremony to Launch the Construction of the National Road 62 from Tbeng Meanchey to Preah Vihear Temple, and Road Segment from the Intersection of National Road 62 to Srayorng-Koh Ke
PM Presides Over Inauguration of National Roads N0 62 and N0 210
Inauguration Ceremony for the Official Use of National Road No. 62... & Road No. 210
China's Economic Aid to CLMV And Its Cooperation With Them
柬埔寨一亿美元优买信贷项下62号公路项目举行开工仪式
Overview on Transport Infrastructure Sectors in the Kingdom of Cambodia (5th Edition)
我优买资金支持的柬埔寨62号公路南段正式通车
Project/Program Information and Implementation Arrangements
中国政府援助柬埔寨62号公路修复项目开工
集团承建的柬埔寨62号公路北段和210号公路项目竣工通车
我优买资金支持的柬埔寨62号公路北段修复项目举行通车仪式
柬埔寨62号公路北段通车典礼
Hun Sen Speech: New Bridge Prek Kadam
Monday, 7.4.2008: Political Will Of Samdech Euv: Royal Government Declares To Continue Tradition Of Cambodian-Chinese Friendship
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.