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Completed Mixed AidData Chinese Aid

China Eximbank provides $143.9 million preferential buyer’s credit for Second Stage of Phase 1 of the Dushanbe-Dangara Road Reconstruction Project (Linked to Record ID#40063, #40440)

$143.93M USD

Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Tajikistan Ministry of Finance
Country Tajikistan
Start Date Nov 27, 2010
End Date Feb 08, 2026
Duration 5,552 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 53750
Grant Description

China Eximbank provides $143.9 million preferential buyer’s credit for Second Stage of Phase 1 of the Dushanbe-Dangara Road Reconstruction Project On November 27, 2010, China Eximbank and the Ministry of Finance of the Republic of Tajikistan signed a $143,925,000 preferential buyer’s credit (PBC) agreement [China Eximbank PBC NO.2010 (025) Total No. (132)] for the Second Stage of the Phase 1 of the Dushanbe-Dangara Road Reconstruction Project.

📋 Loan / Grant Terms
💰 Loan Amountcarried the following borrowing terms: an interest rate of 2%

The total project cost was $151,500,000, including a contribution of $7,575,000 from the Government of Tajikistan.

The project, which was implemented in the design and construction contracting mode, involved road reconstruction, municipal road engineering, tunnels and connecting lines, etc.

More specifically, the project supported the reconstruction of a 50.5 km road segment along the 147.64 km Dushanbe-Vahdat-Dangara section of the Dushanbe-Kulma highway (which is also known as the Tajikistan-China highway).

It also supported the construction of the 4.43 km Chormagzak Tunnel along the 147.64 km Dushanbe-Dangara section of the Dushanbe-Kulma highway.

The road repair project construction period was originally expected to last 24 months, and the tunnel and connection line construction period was originally expected to last 36 months (October 15, 2013). China Road & Bridge Corporation was awarded the implementation contract.

Construction began on October 15, 2010, and ths project was completed (after passing final inspection) on October 30, 2013.

📋 Staff Comments
  1. This project is linked to the China Eximbank-financed First Stage and China Eximbank-financed Third Stage of Phase 1 of the Dushanbe-Dangara Road Reconstruction Project (see Project ID#40063, #40440). China Eximbank reportedly provided $243.4 million of debt financing in total for all three stages of Phase 1.
  2. The Russian project title for Stage 2 of Phase 1 is Реконструкция второго этапа Фаза I автомобильной дороги «Душанбе-Кульма» (Таджикистан – граница Китая) на участке «Душанбе - Дангара». The Chinese project title is 塔中公路一期(杜尚别—丹卡拉段)道路修复改造项目.
  3. The loan agreement can be accessed via http://www.adlia.tj/show_doc.fwx?rgn=36045.
📚 Sources & References
  • CAREC Corridor Implementation Progress
  • Planned Actions, and Support Needs: Tajikistan
  • Data Collection Survey On a Road Between Dushanbe and Kurgan-Tyube in the Republic of Tajikistan Final Report
  • Tajikistan: Policy Notes on Public Expenditures
  • THE GOVERNMENT MEDIUM - TERM EXPENDITURE FRAMEWORK FOR 2011- 2013
  • Tajikistan negotiates financing of tunnel construction with China’s bank
  • Meeting with the First Vice President of Export-Import Bank of the People’s Republic of China Zhu Hongjie
  • President of Tajikistan Attends the Inaugural ceremony of the Chormaghzak Tunnel
  • List of Chinese Government-Financed Projects in Tajikistan from the Ministry of Finance via the IMF May 2018
  • Following Up, Отчет о состоянии государственного долга на 2015 год, НА РАЗВИТИЕ ДОРОЖНОГО СТРОИТЕЛЬСТВА И ТРАНСПОРТА В ТАДЖИКИСТАНЕ В ГОДЫ НЕЗАВИСИМОСТИ (1991-2016 гг.), ТРАНСПОРТНО‐ ТРАНЗИТНЫЙ ПОТЕНЦИАЛ РЕСПУБЛИКИ ТАДЖИКИСТАН, Реабилитация автодороги Душанбе-Кульма, участок Душанбе-Дангара, фаза 1, 2, 3, со строительством тоннеля Чормагзак, Ѕарори Іукумати Їуміурии Тоїикистон аз 23 ноябри соли 2010 № 605 'Оид ба лоиіаи Созишномаи ѕарзи имтиёзнок байни Іукумати Їуміурии Тоїикистон ва Бонки содироту воридоти Їуміурии Халѕии Хитой оид ба давраи дуюми маріилаи якуми лоиіаи таїдиди роіи автомобилгарди 'Душанбе-Кулма', дар ѕитъаи 'Душанбе-Данљара'
  • Dushanbe–Kulma Road Dushanbe-Dangara Section Phase 2
  • Investment Opportunities in Tajikistan
  • Stage One and Stage Two of Dushanbe-Kulma Road Rehabilitation Reconstruction Project in Dushanbe-Dangara Section Successfully Pass the Final Inspection
  • Dushanbe-Kulma highway rehabilitation reconstruction project (Tajikistan-China border) in Dushanbe-Dangara section
  • 塔吉克斯坦 (2019年版)
  • 中交中路公司与塔交通部签署杜尚别-丹卡拉公路改造项目合同 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

Tajikistan Ministry of Finance

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