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Active Development AidData Chinese Aid

China Eximbank pledges $160 million loan for construction of two 400 kV substations on the Inga-Kinshasa electricity transmission line

$160M USD

Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Government of Democratic Republic of Congo
Country Democratic Republic of the Congo
Start Date Jan 01, 2007
End Date Feb 03, 2027
Duration 7,338 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 58815
Grant Description

China Eximbank pledges $160 million loan for construction of two 400 kV substations on the Inga-Kinshasa electricity transmission line In 2007, China Eximbank agreed in principle to provide a $160 million loan for the construction of two 400 kV substations on the Inga-Kinshasa electricity transmission line in Democratic Republic of Congo.

China Machinery Engineering Corporation (CMEC) was identified as the contractor that would be responsible for project implementation. However, it is unclear if this project was ultimately financed by China Eximbank. According to a 2017 World Bank report, negotiations with China Eximbank on this project are still ongoing.

📋 Staff Comments

The French project title is Construction de 02 postes 400KV des lignes Inga-Kinshasa.

📚 Sources & References
  • April 2019 Export of DRC AMP
  • PROJECT INFORMATION DOCUMENT (PID) APPRAISAL STAGE: Additional Financing for the Regional and Domestic Power Markets Development Project
  • Revue de la Gestion des Dépenses Publiques et de la Responsabilisation Financière
  • Protocole D'accord 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 Democratic Republic of Congo

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