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China Eximbank pledges $1.2 billion loan for 608 km Dakar-Kidira Railway Corridor Project. (Linked to Record ID#36445)
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Senegal |
| Country | Senegal |
| Start Date | Dec 22, 2015 |
| End Date | Nov 14, 2027 |
| Duration | 4,345 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 52491 |
Grant Description
China Eximbank pledges $1.2 billion loan for 608 km Dakar-Kidira Railway Corridor Project.
On December 22, 2015, the China Railway Construction Corporation signed a $1,256,970,000 agreement to implement the rehabilitation of the Dakar-Kidira railway in Senegal.
Whether China Eximbank has pledged to finance the project in part or in full is unknown. The Dakar-Kidira railway is a section of the Dakar-Niger Railway, which runs from Dakar, Senegal to Bamako, Mali.
Originally called the ‘Chemin de fer Dakar-Niger’, the Dakar-Bamako-Koulikoro railway line connecting Dakar and Bamako through Thies, Tambacounda, Kidira, Kayes and Kita on a length of 1,288 km was built in various stages between 1885 to the 1920s. It is a metric gauge (1,000 mm) railway with low gradients and axle loads in the 15-17 tons range.
The rehabilitation is planned to cover 633km of the railway, and should be completed within 4-years. Construction began in early 2016, and as of March 2020, the project was still under implementation. This project is related to #36445, which captures the Mali section of the railway.
Staff Comments
The Chinese project title is 达巴铁路.Some sources identify different project costs, including $1.25 billion, $1.281 billion, and $1,256,970,000.
Sources & References
- Senegal: A Chinese loan of $1.25 billion to rehabilitate the Dakar-Kidira railway
- Agreements for upgrade of Dakar-Bamako rail link signed
- Senegal: A Chinese loan of $1.25 billion to rehabilitate the Dakar-Kidira railwa
- Infrastructure Financing Trends in Africa - 2015
- Sénégal: Signature d'un contrat commercial avec la Chine pour réhabiliter la voie ferroviaire Dakar-Kidira
- CRCC to upgrade Mali – Senegal railway
- 马里交通部表示中方将融资支持该国铁路修复改造项目
- INFRASTRUCTURE FINANCING TRENDS IN AFRICA – 2015
- Senegal plans to strengthen railway repair to promote regional connectivity
- Senegal: China EximBank provides 33 million euros for security
- Senegal: $ 1.25 billion for the rehabilitation of the Dakar-Kidira railway line
- Project Information Document (PID) 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 Senegal
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