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China Eximbank pledges $20 million USD loan for Mpika Urban Road Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Zambia |
| Country | Zambia |
| Start Date | Jan 01, 2016 |
| End Date | Apr 28, 2031 |
| Duration | 5,596 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 57222 |
Grant Description
China Eximbank pledges $20 million USD loan for Mpika Urban Road Project According to media reports, China Eximbank pledged to provide a $20 million USD loan for the design, construction, and supervision of the Mpika Urban Road Project.
The 2016, 2017, 2018, and 2019 Road Sector Annual Work Plans of Zambia’s Road Development Agency (ZRDA) indicate that China Eximbank was the financing source. However, ZRDA’s 2020 Road Sector Annual Work Plan indicates that U.S. Government’s Millennium Challenge Corporation (MCC) is the financing source.
This project involves the expansion of a 7.5 kilometer section of the Great North Road T2 highway between Kapiri weighbridge and Mazingo Hotel into a two-way four-lane (dual carriageway) road. In April 2018, Longjian Road & Bridge Co. Ltd. was awarded a 24-month-long contract worth RMB 133,216,189 for the implementation of this project.
Construction began October 2018.
In September 2020, the ZRDA posted on Facebook claiming the project was complete, but the 2021 Road Sector Annual Work Plan says works are on-going.
Staff Comments
The Chinese project title is 赞比亚市政道路项目.It is unclear if China Eximbank disbursed any funding prior to the change in the source of financing; therefore, this project is status-coded as a pledge rather than a commitment for the time being.
Sources & References
- 2018 Road Sector Annual Work Plan, 2020 Road Sector Annual Work Plan
- Zambia: European support to help unlock Great North Road’s potential for Zambians
- 公司中标援赞比亚市政道路项目
- MPIKA TO GET QUALITY ROAD
- DUAL CARRIAGE WAY WORKS START
- 龙建股份：中标援赞比亚市政道路项目, 2017 Road Sector Annual Work Plan, 2019 Road Sector Annual Work Plan
- Mpika Urban Road Rehabilitation Project, 2021 Road Sector Annual Work Plan, 2016 Road Sector Annual Work Plan 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 Zambia
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