Active Development AidData Chinese Aid

[Cancelled] China Eximbank provides $600 million loan for Minsk National Airport Reconstruction Project (Linked to Record ID#42199 and #42214)

$600K USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Belarus
Country	Belarus
Start Date	Jan 01, 2010
End Date	Mar 08, 2026
Duration	5,910 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`42314`

Grant Description

[Cancelled] China Eximbank provides $600 million loan for Minsk National Airport Reconstruction Project In October 2010, China Eximbank signed a $600 million USD loan agreement with the Government of Belarus to cover reconstruction of the terminal at Minsk National airport (Minsk-2), as well as construction of an international passenger transit terminal, upgrade security, and build a second runway.

In June 2011, Belarusian President Alexander Lukashenko approved the investment project to reconstruct National Airport Minsk in 2011-2014. The president signed relevant ordinance #223 dated June 2, 2011.

China National Precision Machinery Import & Export Corporation will act as the general contractor to design, construct and reconstruct property, engineering and transport infrastructure. The Chinese company will procure commodities for the construction, reconstruction and equippinig of the airport. In 2013, the Chinese contractor recalculated costs to be $1 billion causing a disruption in the agreement.

According to the Office of the President source, the Government of Belarus rejected the China National Precision Machinery Import & Export Corporation bid and completed the project with Belarusian contractors on March 3, 2019. Chinese funding to this project was cancelled.

📋 Staff Comments

The Russian project title is проекта по реконструкции Национального аэропорта Минск. This project was initially signed as part of a $5.7 billion, long-term line of credit from China Eximbank (captured in Project #42219). Additional financing came from $1 billion credit line (captured in Project ID#42214).

📚 Sources & References

Китай отказался инвестировать в аэропорт «Минск-2», Адкрыццё другой узлётна-пасадачнай паласы ў Нацыянальным аэрапорце Мінск
Belarus aims for Chinese loan to expand National Airport Minsk
Belarus: Rebuilding Minsk – Counting in Yuans
Belarus signs commercial contracts with China totaling $3.5 bln
Lukashenko OKs project to reconstruct Minsk airport with Chinese loans
Minsk airport reconstruction without Chinese investments 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.