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Active Development AidData Chinese Aid

Chinese Government pledges $85 million loan for Cirebon-Kroya Double Track Railway Project (Linked to Record ID#72360)

$85M USD

Funder Unspecified Chinese Government Institution
Recipient Organization Government of Indonesia
Country Indonesia
Start Date Jan 01, 2005
End Date Feb 15, 2027
Duration 8,080 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 38862
Grant Description

Chinese Government pledges $85 million loan for Cirebon-Kroya Double Track Railway Project In 2005, the Chinese Government agreed at least in principle to provide an $85 million loan to the Government of Indonesia for the Cirebon-Kroya Double Track Railway Project. The purpose of this project was to construct a double-track railway from Cirebon, West Java to Kroya, Central Java.

📋 Loan / Grant Terms
💰 Loan Amountwould have carried a maturity of 15 years
⏳ Grace Period7 years

This project was part of a larger $200 million loan package to support 3 major infrastructure projects in Indonesia (see Record ID#72360).

The other two projects were a $94 million, 110-megawatt Parit Baru power plant in West Kalimantan (see Record ID#35240) and the $169 million Jatigede dam in West Java (see Record ID#38861).

A Chinese Government loan commitment for the Cirebon-Kroya Double Track Railway Project was never fulfilled because the Japanese Government ultimately financed and implemented the project.

📚 Sources & References
  • Indonesia's Anwar says China to increase infrastructure lending to 500 mln usd
  • China to Boost Loan to RI by US$100 Million
  • China agrees to add $200m in loans: Jusuf
  • 中水电承建的佳迪格德大坝项目截流成功
  • Pembiayaan Rel Ganda KA Cirebon-Kroya Diupayakan Gunakan Rupiah
  • Ex-Ante Evaluation
  • Ex-Ante Evaluation 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 Indonesia

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