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China Eximbank provides RMB 605.7 million government concessional loan for Water Supply Project of Three Cities
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Benin |
| Country | Benin |
| Start Date | Jul 24, 2017 |
| End Date | Jun 24, 2027 |
| Duration | 3,622 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 59279 |
Grant Description
China Eximbank provides RMB 605.7 million government concessional loan for Water Supply Project of Three Cities On July 24, 2017, China Eximbank and the Government of Benin signed an RMB 605,744,400 government concessional loan (GCL) agreement [CHINA EXIMBANK GCL (2016) No. 17 Total No. (587)] for the Water Supply Project of Three Cities.
The borrower agreed to deposit project-related revenues in a special account to facilitate repayment.
The proceeds of the loan were to be used by the borrower to finance a commercial contract between the Ministère de l'Eau et des Mines (MEM) of Benin and China Geo-Engineering Corporation, which was signed on October 10, 2013.
The purpose of the project was to improve the supply of potable water in three cities: Glazoué, Savè, and Dassa-Zoumé. It involves the construction of two dams. One dam is located on the "Lifo" river and the other is located on the Ouémé river at Ayédjoko.
The project also involved the construction of two water treatment stations and five storage tanks, the laying of 200 km of water pipes, and the establishment of a remote management system. China Geo-Engineering Corporation was the contractor responsible for implementation. The project was officially launched on July 27, 2017, and as of October 2020, it had achieved a 98% completion rate.
Staff Comments
- This project is also known as the Drinking Water Supply Systems Reinforcement Project. The French project title is Projet de renforcement du système d'approvisionnement en eau potable à Savè, Dassa-Zoumè, Glazoué et leurs environs. The Chinese project title is 贝宁三城市供水项目.
- SAIS-CARI identifies this project as reaching the loan signature (i.e. official commitment) stage but not the implementation stage or completion stage; however, AidData records this project as being in implementation based on its official implementation start date of 27 July, 2017 and the fact that media reporting indicates the project has achieved a 98% completion rate.
- The China Eximbank loan agreement can be accessed in its entirety via https://docs.aiddata.org/ad4/pdfs/how_china_lends/BEN_2017_456.pdf
Sources & References
- BENIN: the Ayédjoko dam will come into service before the end of 2020
- Alimentation en eau potable des populations des Collines: 50 MILLIARDS DE LA CHINE EN SOUTIEN AU PAG
- Benin 2019 Bond Prospectus
- BEN_2017_465
- Bulletin Statistique de la Dette publique au quatrième trimestre 2017
- Bulletin Statistique de la Dette publique au quatrième trimestre 2017
- Bénin : la Chine investit dans la démocratisation de l'accès à l'eau potable
- Chinese Loans to Africa Database
- DECRET N'2017
- DECRET N'2017- 452 d! 13 septembre 2017portant transmission à l'Assemblée Nationale pourautorisation de ratification, de l'accord de prêt signé le 23 août2017 entre la République du Bénin et EXPORT-IMPORTBANK (EXIMBANK) de Chine dans le cadre du financementdu projet de renforcement des systèmes d'Alimentation enEau Potable des villes de Savè
- Dassa-Zoumè
- Glazoué etenvirons., decret-2017-462
- Décret n° 2017-509
- Lancement des travaux d'adduction d'eau potable dans les Collines et le Zou
- Liste de prêts des institutions gouvernementales chinoises de 2000 à 2017
- Principaux Projets Actifs
- Projets de construction d’ouvrages d’adduction d’eau : Bientôt la fin des pénuries dans les Collines et le Zou
- RAPPORT SUR LA GESTION DE LA DETTE PUBLIQUE AU TITRE DE L’ANNEE 201 7
- Renforcement du système d’alimentation en eau: Le réseau se met en place à Savalou
- Savè et Glazoué
- Signature d'accord de prêt entre le Bénin et la Chine
- Signature d’un accord de prêt avec la Chine pour la fourniture d’eau potable dans le département des Collines
- Tournée du ministre Adambi dans les collines : Les infrastructures d’eau de Savalou inaugurées, Étude de collecte de données pour le développement des eaux souterraines et l’amélioration des systèmes d’approvisionnement en eau dans les départements de Couffo et Plateau en République du Bénin
- 贝宁三城市供水大坝工程A坝正式开挖
- 贝宁三城市供水项目A坝主体工程完工
- 贝宁三城市供水项目对当地村民开展安全教育 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.
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Government of Benin
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