Completed Mixed AidData Chinese Aid

HydroChina Provides US$3.859 Million for technical study related to hydroelectric power plant construction on the Magdalena River (Linked to Record ID#36653 and #69470)

$3.86M USD

Funder	Hydrochina Corporation Limited
Recipient Organization	Government of Colombia
Country	Colombia
Start Date	Feb 17, 2009
End Date	Jul 14, 2029
Duration	7,452 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`39423`

Grant Description

On February 17, 2009 an agreement was signed between the Chinese Government and Government of Colombia, the recipient of the transaction, for the implementation of a 'Master Plan' to conduct a technical study related to the construction of hydroelectric power plants on the Magdalena River.

The overall study cost was $6.428 million, and the Chinese side provided $5.718 million USD. $3.859 million was provided by HydroChina while China Development Bank supplied $1.859 million. Cormagdalena -- a Colombian Government agency -- covered the remaining $700,000. HydroChina started the study in 2011 and completed it in 2013.

However, in August 2014, the larger construction work was awarded to Odebrecht, a Brazilian company.

📋 Staff Comments

This project captures HydroChina's contribution to the technical study.

📚 Sources & References

Planning Report for Magdalena River Handed Over
The Magdalena and the “Master Plan”
中哥两国元首共同见证中国电建签署哥伦比亚《马格达莱纳河综合开发一揽子项目合作谅解备忘录》
The New Great Wall: a gu I de to c h I na’s o verseas dam I ndustry
New from 'Around the World'
Acuerdo Colombia-China busca incrementar apoyos técnicos
China ayuda a Colombia en protección y aprovechamiento del Río Magdalena
Estatal Hydrochina financiará con US$5,7 millones manejo del río Magdalena
VSUS Technologies Inc. Announces Intent to Solicit for Another 1200 HA Metallurgical Coal Concession With the Agencia Nacional de Mineria of Colombia
China financiará plan para manejo del río Magdalena
中国电建承担的我国首个援外大型河流规划技术合作项目圆满完成
中国水电顾问集团中南勘测设计研究院积极“走出去”
Master Plan
Colombia y China oficializan entrega del proyecto para la ‘Formulación del Plan Maestro de Aprovechamiento del Río Magdalena’
New Developments in China-Colombia Engagement
Colombia International Cooperation Agency(驻哥伦比亚大使高正月出席中国援哥马格达莱纳河流域综合规划技术合作项目实施合同签字仪式) 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 Colombia

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