Completed Development AidData Chinese Aid

China Eximbank provides RMB 488 million government concessional loan for 54.56 km Kigali Urban Road Expansion Project (Linked to Record ID#955)

¥488M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Rwanda
Country	Rwanda
Start Date	Jul 29, 2016
End Date	Oct 25, 2033
Duration	6,297 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`52329`

Grant Description

China Eximbank provides RMB 488 million government concessional loan for 54.56 km Kigali Urban Road Expansion Project On July 29, 2016, the Chinese Government and the Government of Rwanda signed a preferential loan framework agreement for the 54.56 km Kigali Urban Road Expansion Project.

On the same day, China Eximbank and the Government of Rwanda signed an RMB 488 million government concessional loan (GCL) agreement [CHINA EXIMBANK GCL NO. (2016) 3 TOTAL NO. (572)] for the 54.56 km Kigali Urban Road Expansion Project.

📋 Loan / Grant Terms

📅 Maturity20 years

⏳ Grace Period7 years

💹 Interest Rate2%

The borrower was expected to use the proceeds of the GCL to finance a $76,279,576.30 commercial contract [ID# 185-C/08/13/CoK] between the City of Kigali and China Road and Bridge Corporation (CRBC), which was signed on August 9, 2013. The project involves the widening of urban roads to 4-lane (dual-carriageway) and the construction of new roads.

More specifically, the project involves (1) the expansion and upgrading to dual carriage of the route from the city centre roundabout through Muhima, Nyabugogo to Gatsata; (2) the expansion and upgrading to dual carriage of the road from Rwandex-Sonatubes-Prince House in Remera; (3) the overlaying and replacement of streetlights along Kanogo-Rwandex road; (4) the construction of Kimihurura road network, including Rwandex-Gishushu (dual carriage), Rwandex-Mu myembe (Dual carriage), Mu myembe-Kimihurura (Primature) Roundabout (dual carriage); (5) and the construction of the Nyamirambo-Rebero-Kicukiro (Nyanza) road, the Nyamirambo-Cyumbati-Gikondo road, Kagugu-Batsinda-Nyacyonga road, the city centre-Yamaha road (dual carriage), and the Kimisange-Cyumbati road.

In total, 54.56 kilometers of roads in Kigali City will be constructed or rehabilitated.

China Road and Bridge Corporation (CRBC) is the contractor responsible for project implementation and it is working under the supervision of HYCOGEC.

Project implementation commenced on May 2, 2017 and the the project was originally expected to reach completion within 32 months (January 2, 2020). However, the project was ultimately completed on or around September 8, 2020.

📋 Staff Comments

The Chinese project title is 基加利市政道路改扩建工程 or 54.56公里基加利市政道路改扩建工程项目 or 卢旺达基加利市政道路改扩建工程项目.
The China Eximbank loan agreement can be accessed in its entirety via https://www.dropbox.com/s/698eo8ypqo4mhgo/China%20Eximbank%20loan%20agreement%20for%20Rwanda%20Kigali%20Urban%20Road%20Upgrading%20Project%20.pdf?dl=0.
In the database of Chinese loan commitments that SAIS-CARI released in July 2020, it does not identify the borrowing terms of the China Eximbank loan [a 20-year maturity, a 7-year grace period, a 2% interest rate, a 0.30% commitment fee, and a 1% (RMB 4,880,000) management fee] that was issued for this project. AidData relies on the borrowing terms that are identified in the loan agreement itself.
In 2009, China Eximbank also issued an RMB 219 million loan to the Government of Rwanda for the rehabilitation of roads in Kigali (as captured via Project ID#955).

📚 Sources & References

4/4/2020 走进非洲项目 _ 中国进出又银行 www .eximbank.gov .cn/info/ztzl/fzzt/fzxm/201810/t20181012_6931.html 1 / 2 走进非洲项目走进非洲
进出口银行的卢旺达足迹
China and Rwanda: 35 Years of Economic Cooperation
China Eximbank loan agreement for Rwanda Kigali Urban Road Upgrading Project
Chinese company starts road upgrading in Rwandan capital
Chinese company starts road upgrading in Rwandan capital
Government Concessional Loan and Prefferential Buyer's Credit Brochure
H.E. RAO Hongwei Made a visit to Kigali Urban Roads Upgrading Project
How Will Rwanda Benefit From China's $60bn Aid to Africa?
Kigali to renovate key roads in major infrastructure upgrades
Kigali: 54KM Road projects kicked off
Modern roads pave way for deepened Rwanda-China cooperation
Official Gazette nº Special of 29/09/2016
Republic of Rwanda Data Collection Survey on Development of Urban Transport System in Kigali City
Road
Rwanda Government Gazette dated 2016-09-29 number special
Rwanda: China Road and Bridge Corporation Committed to Timely Completion of Kigali City Roads Expansion Project
Rwf58 billion earmarked for Kigali urban road upgrades
Statement on Cabinet Decisions of 10/08/2016
Strategic Programme for Climate Resilience (SPCR)
The Chinese Ambassador to Rwanda Visits the Site of Kigali Urban Road Project (54km)
The Chinese Ambassador to Rwanda Visits the Site of Kigali Urban Road Project (54km)
Two Projects of CRBC Win the “Oscar” Award in Global Engineering Industry
Urban road upgrading project kicks off in Rwanda
Xi encourages more help for projects in Rwanda, “两优”贷款业务
中国企业成为“千丘之国”卢旺达道路建设领头羊
中国企业成为“千丘之国”卢旺达道路建设领头羊
卢旺达基加利市政道路改扩建工程项目取得初验证书
卢旺达官员说中国公司承建项目将满足居民出行需求
对外投资合作国别（地区）指南- 卢旺达（2020年版）
我优贷道路项目获基加利市政府表彰
走进非洲: 进出口银行的卢旺达足迹
饶宏伟大使考察基加利市政道路改扩建工程 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.

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Government of Rwanda

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