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| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Bolivia |
| Country | Bolivia |
| Start Date | Dec 09, 2016 |
| End Date | Feb 01, 2033 |
| Duration | 5,898 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 54576 |
China Eximbank provides RMB 350 million government concessional loan for Phase I of BOL-110 Command and Control System for Citizen Security Project On December 19, 2016, China Eximbank and the Government of Bolivia signed a government concessional loan (GCL) agreement [China Eximbank GCL 2016 (29) 599] for the Command and Control System for Citizen Security Project.
The loan was ratified through the passage of a law on January 27, 2017.
The lender made disbursements worth $0 in 2016, $47,252,441 in 2017, $0 in 2018, $0 in 2019, an unknown amount in 2020, and $5,490,110 in 2021. The borrower made no principal repayments between 2016 and 2021.
However, the borrower paid interest and/or fees worth $0 in 2016, $408,023 in 2017, $881,932 in 2018, $956,519 in 2019, an unknown amount in 2020, and $1,014,322 in 2021.
Then, the borrower repaid $3,531,265 in 2022 ($2,489,614 in principal and $1,041,651 in interest/fees), and $5,878,271 in 2023 ($4,949,573 in principal and $928,698 in interest/fees).
The loan’s (principal) amount outstanding was $0 as of December 31, 2016, $48,220,436 as of December 31, 2017, $45,780,226 as of December 31, 2018, $45,108,906 as of December 31, 2019, $48,401,223 as of December 31, 2020, $54,902,822 as of December 31, 2021, $47,639,591 as of December 31, 2022, and $41,794,273 as of December 31, 2023.
The first phase of the project involved the construction of a command center in La Paz's Miraflores area, which has 32 consoles to track 620 security cameras in the cities of La Paz and El Alto.
The system was to be expanded to six provincial capitals in the second phase, when all of them would be equipped with control centers.
The system was to be assisted with 120 public servants, three police buses, five drones and new intelligent patrol vehicles.
The Bolivian police department was also to receive 100 digital radios with GPS for patrol cars and 500 radios for police officers. 2,000 public transport vehicles were to be equipped with a GPS system and emergency buttons to help drivers and passengers. China National Electronics Import & Export Corporation was the contractor responsible for the project's first phase.
Phase I commenced on October 31, 2017 and reached completion on August 20, 2019.
Government of Bolivia
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