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China Eximbank provides RMB 33.4 million government concessional loan for Acquisition of Machinery for the Improvement of Tarija Roads Project (Linked to Record ID#39428)
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Autonomous Government of Tarija |
| Country | Bolivia |
| Start Date | Feb 26, 2004 |
| End Date | Jan 16, 2028 |
| Duration | 8,725 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 54616 |
Grant Description
China Eximbank provides RMB 33.4 million government concessional loan for Acquisition of Machinery for the Improvement of Tarija Roads Project On February 26, 2004, China Eximbank and the Autonomous Government of Tarija signed an RMB 33,455,197 government concessional loan (GCL) agreement [CHINA EXIMBANK GCL 2004 (04) 114B] for the Acquisition of Machinery for the Improvement of Tarija Roads Project.
In total, the lender made disbursements worth approximately $5,518,656. The borrower made no principal repayments between 2004 and 2013. However, it paid interest and/or fees worth an unknown amount between 2004 and 2012 and $110,258 in 2013.
Then, the borrower made loan repayments worth $577,929 in 2014 ($470,430 in principal and $107,499 in interest/fees), $560,426 in 2015 ($463,938 in principal and $96,488 in interest/fees), $526,558 in 2016 ($443,188 in principal and $83,370 in interest/fees), $505,161 in 2017 ($432,812 in principal and $72,349 in interest/fees), $508,190 in 2018 ($443,083 in principal and $65,187 in interest/fees), $477,740 in 2019 ($423,973 in principal and $53,767 in interest/fees), an unknown amount in 2020, $488,175 in 2021 ($449,466 in principal and $38,709 in interest/fees), $464,818 in 2022 ($436,003 in principal and $ 28,815 in interest/fees), and $430,211 in 2023 ($411,401 in principal and $18,810 in interest/fees).
The loan’s (principal) amount outstanding was $5,368,120 as of December 31, 2012, $5,518,656 as of December 31, 2013, $4,924,518 as of December 31, 2014, $4,258,382 as of December 31, 2015, $3,554,932 as of December 31, 2016, $3,340,009 as of December 31, 2017, $2,748,188 as of December 31, 2018, $2,291,291 as of December 31, 2019, $2,011,519 as of December 31, 2020, $1,597,204 as of December 31, 2021, $1,042,034 as of December 31, 2022, and $613,037 as of December 31, 2023.
The purpose of the project was to purchase machinery to improve the roads in Tarija.
The Autonomous Government of Tarija -- also known as Gobierno Autónomo Municipal de Tarija (GAM Tarija) -- was responsible for implementation. The project was completed on October 22, 2005.
Staff Comments
1. The Spanish project title is 'Adquisición de Maquinaria para el Mejoramiento de Caminos Tarija.' Linked to umbrella project #39428.
Sources & References
- Presentación EXIMBANK China
- Informe de la Deuda Externa Publica al 30 de junio de 2013
- Informe de la Deuda Externa Publica al 31 de diciembre de 2013
- Informe de la Deuda Externa Publica al 31 de diciembre de 2016
- Servicio de Caminos es equipado con maquinaria de procedencia China
- Embajada de China entregó maquinaria para caminos.
- China presta 30 millones de dólares a Bolivia
- Ley Nº 2711, 28 de mayo de 2004
- 中国以优惠贷款形式援玻筑路机械设备和农机设备举行交接
- 我援玻利维亚农机物资项目举行交接
- Are Chinese Economic Actors Poised to Dominate Latin American Economies? A View from Bolivia and Chile
- Informe de la Deuda Externa Publica al 31 de diciembre de 2015
- Informe de la Deuda Externa Publica al 31 de diciembre de 2014
- INFORME de la DEUDA EXTERNA PÚBLICA AL 31 DE DICIEMBRE DE 2017
- INFORME de la DEUDA EXTERNA PÚBLICA AL 31 DE DICIEMBRE DE 2018
- INFORME DE LA DEUDA PÚBLICA EXTERNA AL 31 DE DICIEMBRE DE 2021
- INFORME de la DEUDA EXTERNA PÚBLICA AL 31 DE DICIEMBRE DE 2019
- INFORME DE LA DEUDA PÚBLICA EXTERNA AL 31 DE DICIEMBRE DE 2022
- INFORME DE LA DEUDA PÚBLICA EXTERNA AL 31 DE DICIEMBRE DE 2023 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
Autonomous Government of Tarija
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