China Eximbank provides RMB 200 million government concessional loan for E-Government Project

📋 Staff Comments

1. This project is also known as the i-Government Project and the Government Broadband Network (GBN) Project. The Chinese project title is 电子政务 or 瓦努阿图电子政务项目.
2. The Chinese Overseas Development Finance Dataset published by Boston University’s Global Development Policy Center in December 2020 identifies this project as being financed with a China Eximbank loan worth $29 million. AidData relies on the face value of the loan (RMB 200,000,000) that is identified in the actual loan agreement [CHINA EXIMBANK GCL NO. 2008 (12) TOTAL NO. 231] between China Eximbank and the Government of the Republic of Vanuatu.
3. The loan agreement can be accessed in its entirety via https://www.documentcloud.org/documents/20488917-vut_2008_449.
4. A similar Loan ID, 39256, the following was identified in the source 35365: 'An advance of 1 billion vatu was made to Air Vanuatu in 2008 for the purchase of Y12 Aircraftfrom China. The purchase of these aircraft was funded by a loan from the ChineseGovernment which has been on-lent to Air Vanuatu. This loan was made in Chinese YuanRenminbi and has since been revalued to 856 million vatu as at 31 December 2010. Anamount of 856 million vatu is therefore shown as a liability in borrowings and an asset inadvances to Air Vanuatu. The remaining advance balance for Air Vanuatu representadditional loan advances given to the airline in recent years. 'This infers that the first data point for the 2008 being inaccurate, as the project/loan has been revalued.

📚 Sources & References

• 2012 Annual Report
• ANNUAL DEVELOPMENT REPORT 2011
• Annual program performance report: Vanuatu 2008
• Assessment of the Potential Impact of the ICT Revolution in the Pacific on Economic Growth
• Employment, and Government Revenue
• China Overseas Development Finance
• Chinese Aid in the Pacific
• CHINESE ASSISTANCE IN THE PACIFIC: AGENCY
• EFFECTIVENESS AND THE ROLE OF PACIFIC ISLAND GOVERNMENTS
• Chinese funding
• DG
• Leader of Vanuatu Delegation- Trade
• Tourism and Investment Forum China-Pacific Cooperation
• Xiamen City, e-Government in the Pacific Island states: ICT policy and implementation in small island developing states
• Financial Statements of the Government of The Republic of Vanuatu
• FINANCIAL STATEMENTS OF THE GOVERNMENT OF THE REPUBLIC OF VANUATU (2010)
• FINANCIAL STATEMENTS OF THE GOVERNMENT OF THE REPUBLIC OF VANUATU (2011)
• FINANCIAL STATEMENTS OF THE GOVERNMENT OF THE REPUBLIC OF VANUATU (2012)
• FINANCIAL STATEMENTSOF THEGOVERNMENT OFTHE REPUBLIC OF VANUATU FOR 2013
• FRAMEWORK AGREEMENT ON THE PROVISION OF CONCESSIONAL LOAN BETWEEN THE GOVERNMENT OF THE REPUBLIC OF VANUATU AND THE GOVERNMENT OF THE PEOPLE'S REPUBLIC OF CHINA
• FRAMEWORK AGREEMENT ON THE PROVISION OF CONCESSIONAL LOAN BETWEEN THE GOVERNMENT OF THE REPUBLIC OF VANUATU AND THE GOVERNMENT OF THE PEOPLE'S REPUBLIC OF CHINA
• Lowy Institute Pacific Aid Map
• The age of choice: Fiji and Vanuatu in the new aid landscape
• The Case of Vanuatu: Leveraging Investments inBroadband for National Development
• The first e-government project implemented in China’s foreign aid concession loan in Nantai District officially opened
• Vanuatu Infrastructure Strategic Investment Plan 2015 – 2024
• Vanuatu positively evaluates my preferential loan aids e-government project
• Vanuatu Roads for Development Phase Two - Investment Design Document
• Vanuatu Whole of Government Financial Statements 2014
• Vanuatu Whole of Government Financial Statements 2015
• Vanuatu Whole of Government Financial Statements 2016
• Vanuatu Whole of Government Financial Statements 2017
• VANUATU’S E-GOVERNMENT NETWORK MODEL IN SOUTH PACIFIC, vut_2008_449
• 瓦努阿图将受益于我援瓦电子政务项目
• 瓦努阿图将受益于援瓦电子政务项目
• 驻瓦努阿图大使程树平出席瓦政府电子政务项目启用仪式 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.