Active Development AidData Chinese Aid

China Eximbank pledges to finance modernization of the Kinshasa-Matadi Railway and Port of Matadi

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, 2013
End Date	May 11, 2028
Duration	5,609 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`59081`

Grant Description

China Eximbank pledges to finance modernization of the Kinshasa-Matadi Railway and Port of Matadi A report from the Office for Coordination and Monitoring of the Sino-Congolese Program (BCPSC) in 2013 stated that a contract for the modernization of the Kinshasa-Matadi Railway and Port of Matadi (French project name: modernisation du Chemin de fer Kinshasa - Matadi et du Port de Matadi) will be negotiated by Chinese companies SinoHydro and CREC and funded by the China Eximbank.

As of 2020 however, the ACGT website did not list this project as one that is funded through the Sino-Congolese Program.

The ACGT reported that a concession contract for RN1 Kinshasa-Matadi was signed on November 09, 2010, between the DRC (Licensing Authority), represented by MITPR, and the company CREC 7 / SOPECO (Concessionaire). This contract was updated on April 10, 2015. It is not clear if this is the same contract to modernize the Kinshasa-Matadi Railway that was pledged in this project.

The RN1 Kinshasa-Matadi project is listed as one that will be financed through a Public-Private-Partnership on the ACGT website, and is captured in Record ID#59231.

📋 Staff Comments

AidData codes the project status as pledge for now as it is uncertain whether any Chinese financing was committed since the 2013 BCPSC report. This project is potentially a duplicate of project #59231.

📚 Sources & References

Concession RN1 Kinshasa - Matadi
Construction et modernisation de la RN1 : Boma – Matadi, 5 ans au service de la reconstruction et de la modernisation: Projet de cooperation Sino-Congolais 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.