Completed Mixed AidData Chinese Aid

China Eximbank provides $400.1 million preferential buyer's credit for 55 km Blaise Diagne International Airport (AIBD)-Thiès-Mbour Project

$400.11M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Senegal
Country	Senegal
Start Date	Dec 03, 2015
End Date	May 30, 2029
Duration	4,927 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`58272`

Grant Description

China Eximbank provides $400.1 million preferential buyer's credit for 55 km Blaise Diagne International Airport (AIBD)-Thiès-Mbour Project On December 3, 2015, China Eximbank and the Government Senegal signed a $400,114,521 preferential buyer's credit (PBC) agreement for the 55 km Blaise Diagne International Airport (AIBD)-Thiès-Mbour Project.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

However, it is known that the borrower was authorized the use the proceeds of the loan to finance approximately 85% of the cost of a $470 million commercial contract with China International Water and Electric Cooperation (CWE).

The project involved the construction of: (i) an 18 km AIBD-Sindia highway section, (ii) a 16 km AIBD-Thiès highway section, and (iii) a 21 km Sindia-Mbour highway section.

The construction of the 55km AIBD-Thiès-Mbour highway was an extension of Dakar-Diamaniadio-AIDB highway to support the opening of Blaise Diagne International Airport in Diass. China International Water and Electric Cooperation (CWE) was the contractor responsible for project implementation. Construction began in June 2016 and the expected duration of the project was 54 months.

However, construction ended ahead of schedule on February 27, 2019. A ceremonial opening of the highway was organized on January 22, 2019.

📋 Staff Comments

This project is also known as the Aibd-Mbour-Thies (AMT) Expressway Project and the AMT Highway Project. The French project title is l’axe autoroutier Aéroport Blaise-Diagne-Mbour-Thiès or Construction de l'autoroute AIBD-Mbour et AIBD -Thiès. The Chinese project title is 布莱斯迪亚涅国际机场-姆布尔-捷斯高速公路项目 or 着布莱斯迪亚涅国际机场-姆布尔-捷斯项目 or AMT项目 or 建的新机场-姆布尔-捷斯高速公路.
In the database of Chinese loan commitments that SAIS-CARI released in July 2020, it records the face value of this China Eximbank loan as $331 million. However, AidData records the face value ($400,114,521) that is recorded by the borrower (the Government of Senegal) itself.

📚 Sources & References

Senegal Bond Prospectus
塞内加尔布莱斯迪亚涅机场高速公路项目最后一座桥梁主体完工
促旅游提经济！中企在塞内加尔承建的这个项目进展顺利
Opening ceremony of AMT Highway Project held in Senegal
塞内加尔国会代表视察AMT高速公路项目
PROLONGEMENT DE L'AUTOROUTE …-THIES-.pdf
塞内加尔AMT高速公路项目顺利实现捷斯路段大开挖区
Le chef de l'Etat a inauguré, le 24
Sénégal: la Chine financera l’autoroute reliant l’aéroport Blaise-Diagne à Mbour et à Thiès
SENEGAL-CHINE-COOPERATION
驻塞内加尔大使张迅出席迪亚姆尼亚久—新机场—辛迪亚高速公路通车仪式
Autoroute AIBD THIES - MBOUR, la voie de l'avenir (RTS)
MINISTR Y OF INFRASTRUCTURES
LAND TRANSPOR T AND OPENING UP
塞内加尔基建部长视察AMT高速公路项目
PLAN DE DEVELOPPEMENT STRATEGIQUE 2017 - 2021
塞内加尔总统出席公司承建的机场高速公路通车仪式
AUTOROUTES MBOUR -FATICK- KAOLACK LANCÉE
AIBD – MBOUR – THIÈS INAUGURÉE
Sénégal : la Chine apporte 300 millions d’euros pour l’autoroute AIBD-Mbour-Thiès
MINISTERE DE L’ECONOMIE
DES FINANCES ET DU PLAN ----------- RAPPORT ANNUEL D’ACTIVITES EDITION 2018
中信保赴塞内加尔地区进行尽职调查
Coopération Chine_Sénégal en matiè…- MITTD, 2018 Republic of Senegal Bond Prospectus
May 2018 Flat Export of Senegal
Export-Import Bank Sign进出口银行分别与肯尼亚、加蓬和塞内加尔政府签署铁路和公路项目贷款协议
驻塞内加尔大使张迅出席迪亚姆尼亚久—新机场—辛迪亚高速公路通车仪式
Aibd-Mbour-Thies Expressway
中信保赴塞内加尔地区进行尽职调查
公司成功签署开年第一单—3.47亿美元塞内加尔国际机场高速公路项目
PROLONGEMENT DE L'AUTOROUTE A PEAGE AIBD-MBOUR-THIES: 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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