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Completed Development AidData Chinese Aid

China Eximbank provides RMB 1.969 billion government concessional loan for 96 km Tiébissou-Bouaké Highway Project (Linked to Record ID#66367, #66325)

¥1.97M RMB

Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Government of Côte d'Ivoire (Ivory Coast)
Country Cote d'Ivoire
Start Date Sep 03, 2018
End Date Jul 20, 2033
Duration 5,434 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 60022
Grant Description

China Eximbank provides RMB 1.969 billion government concessional loan for 96 km Tiébissou-Bouaké Highway Project On August 30, 2018, during a visit to Beijing by President of Côte d’Ivoire Ouattara, the Chinese Government and the Government of Côte d’Ivoire signed a preferential loan framework agreement for the 96 km Tiébissou-Bouaké Highway Project.

Then, on September 3, 2018, China Eximbank and the Government of Côte d’Ivoire signed an RMB 1,969,000,000 (CFA 161,702,658,170) government concessional loan (GCL) agreement [CHINA EXIMBANK GCL No. (2018) 23 TOTAL NO. (665)] for the 96 km Tiébissou-Bouaké Highway Project. The GCL agreement was ratified by the Ivorian Council of Ministers on December 12, 2018 (via Décret n° 2018-924).

📋 Loan / Grant Terms
💰 Loan Amountare unknown

However, it is known that the borrower was to use the proceeds of the loan to finance a commercial contract between the Government of Côte d’Ivoire and China Road & Bridge Corporation (CRBC), which was signed on November 3, 2017.

According to the Government of Côte d'Ivoire’s Aid Management Platform (AMP), as of February 29, 2024, the China Eximbank loan had achieved a 97.6% disbursement rate (CFA 157,836,914,546.95 out of CFA 161,702,658,170). 35 loan disbursements (CFA 157,836,914,546.95) took place between 2019 and 2024: a CFA 24,255,398,726 disbursement on March 31, 2019, a CFA 2,328,504,363 disbursement on July 31, 2019, a CFA 267,708,719 disbursement on August 31, 2019, a CFA 1,497,918,884 disbursement on October 31, 2019, a CFA 1,644,198,692 disbursement on November 30, 2019, a CFA 6,988,667,300 disbursement on December 31, 2019, a CFA 1,799,219,878 disbursement on February 28, 2020, a CFA 2,545,593,567 disbursement on March 31, 2020, a CFA 1,865,655,329 disbursement on April 30, 2020, a CFA 2,018,475,154 disbursement on May 31, 2020, a CFA 1,099,120,168 disbursement on June 30, 2010, a CFA 1,311,146,676 disbursement on July 31, 2020, a CFA 769,209,524 disbursement on August 31, 2020, a CFA 3,048,153,031 disbursement on December 31, 2020, a CFA 1,062,845,867 disbursement on March 31, 2021, a CFA 5,680,700,701 disbursement on April 30, 2021, a CFA 15,521,452,065 disbursement on June 30, 2021, a CFA 3,949,798,273.95 disbursement on December 31, 2021, a CFA 433,477,164 disbursement on January 31, 2022, a CFA 1,255,903,906 disbursement on February 28, 2022, a CFA 2,988,334,487 disbursement on March 31, 2022, a CFA 442,988,541 disbursement on May 31, 2022, a CFA 3,153,282,806 disbursement on June 30, 2022, a CFA 1,831,111,817 disbursement on July 31, 2022, a CFA 4,885,094,463 disbursement on August 31, 2022, a CFA 2,447,649,159 disbursement on September 30, 2022, a CFA 4,855,887,199 disbursement on November 30, 2022, a CFA 5,352,275,545 disbursement on January 31, 2023, a CFA 3,527,597,690 disbursement on February 28, 2023, a CFA 11,181,527,274 disbursement on April 30, 2023, a CFA 6,235,523,266 disbursement on May 31, 2023, a CFA 7,352,096,711 disbursement on June 30, 2023, a CFA 6,038,872,706 disbursement on October 24, 2023, a CFA 9,141,228,350 disbursement on January 31, 2024, and a CFA 9,060,296,545 disbursement on February 29, 2024.

The purpose of this project was to construct a 96 km section of the two-way, four-lane, Northern Highway (Autoroute du Nord or l’Autoroute Abidjan-Frontière Nord or 北部公路) — with a design speed of 130 km per hour — between Tiébissou and Bouaké.

The Tiebissou-Bouake road section consists of three subsections (known as ‘lots’): a 35 km subsection (29+450 at PK 64+450 or ‘Lot 1’); a 13.9 km subsection (known as 64+450 at PK 78+350) and a 11.726 km expressway at the entrance of Bouaké to the southern corridor (‘Lot 2’); and a 35 km subsection (78+350 at PK 113+350 or ‘Lot 3’).

It also involved the construction of six interchanges, two market areas, one fuel station, a toll station, a weighing platform, eight road crossings, ten pedestrian crossings, and nine bridges (three highway bridges and six overpasses).

The Tiebissou-Bouake road section is the second component of a larger highway construction project linking the cities of Yamoussoukro and Bouaké (known as the Yamoussoukro-Bouaké Road Construction Project). The first component is a road section between Yamoussoukro and Tiébissou financed by the Islamic Development Bank.

The Northern Highway project aims to connect Abidjan, a coastal city on Cote d'Ivoire's southern border, to the northern border shared with Mali. CRBC was the EPC contractor responsible for implementation. A formal groundbreaking ceremony took place on November 29, 2018. However, construction, which was originally expected to last 36 months, did not begin until April 15, 2019.

The Ivorian Minister of Equipment and Road Maintenance completed an on-site project inspection on May 28, 2020. By September 2020, the project had achieved a 40% completion rate.

Then, on May 10, 2021, 400 CRBC workers responsible for the construction of the Tiébissou-Bouaké highway announced a strike to demand better working conditions. Project implementation was further delayed due to the COVID-19 pandemic. As of November 26, 2021, more than 400 CRBC employees had received the two doses of the Sinopharm vaccine for COVID-19.

The project was ultimately completed and the road was opened to traffic on August 24, 2023.

📋 Staff Comments
  1. This project is also known as the 96 km Tiébissou-Bouaké Section of Northern Highway Project or the Tiebissou-Bouake Section of the Yamoussoukro-Bouaké Road Construction Project. The Chinese project title is 科特迪瓦公路项目 or 铁比苏-布瓦凯高速公路. The French project title is Autoroute du Nord, Section Tiébissou-Bouaké or Le tronçon Tiébissou-Bouaké (78,5 km) or Projet de Construction de l’Autoroute Tiébissou – Bouaké.
  2. CRBC is known locally as la Compagnie nationale chinoise des travaux de ponts et chaussées (CNCTPC).
  3. China Geo-Engineering Corporation built the Didiévi-Tiébissou section of the Northern Highway (as captured via Project ID#66367) and China National Overseas Engineering Corporation built the Boundiali-Tengrela-Mali Border section (as captured via Project ID#66325).
  4. The AMP system identification number for the loan is 1120071329394. The AMP project code is 78062000724.
  5. The AMP identifies the loan commitment date as August 31, 2018 rather than September 3, 2018. This issue merits further investigation6. According to the World Bank's Debtor Reporting System (DRS), the weighted average grace period of all official sector lending from all Chinese creditors to government and government-guaranteed borrowing institutions in Côte d'Ivoire was 6.2638-years in 2018. AidData estimates the grace period of the Export-Import Bank of China loan that supported the 96 km Tiébissou-Bouaké Highway Project by using this figure. See https://www.dropbox.com/scl/fi/i7f56vi0ix8drznpbaczg/Weighted-average-borrowing-terms-from-Chinese-Lenders-to-Ivory-Coast-April-2024-IDS-Data-Extraction.xlsx?rlkey=0uj6y8don6vdg39v28f1y4nwz&dl=0 7. According to the World Bank's Debtor Reporting System (DRS), the weighted average maturity of all official sector lending from all Chinese creditors to government and government-guaranteed borrowing institutions in Côte d'Ivoire was 17.2909-years in 2018. AidData estimates the maturity of the Export-Import Bank of China loan that supported the 96 km Tiébissou-Bouaké Highway Project by using this figure. See https://www.dropbox.com/scl/fi/i7f56vi0ix8drznpbaczg/Weighted-average-borrowing-terms-from-Chinese-Lenders-to-Ivory-Coast-April-2024-IDS-Data-Extraction.xlsx?rlkey=0uj6y8don6vdg39v28f1y4nwz&dl=0 8. According to the World Bank's Debtor Reporting System (DRS), the weighted average interest rate of all official sector lending from all Chinese creditors to government and government-guaranteed borrowing institutions in Côte d'Ivoire was 2% in 2018. AidData estimates the interest rate of the Export-Import Bank of China loan that supported the 96 km Tiébissou-Bouaké Highway Project by using this figure. See https://www.dropbox.com/scl/fi/i7f56vi0ix8drznpbaczg/Weighted-average-borrowing-terms-from-Chinese-Lenders-to-Ivory-Coast-April-2024-IDS-Data-Extraction.xlsx?rlkey=0uj6y8don6vdg39v28f1y4nwz&dl=0
📚 Sources & References
  • COUNCIL OF MINISTERS 12-12-2018
  • Côte d'Ivoire: Autoroute Tiébissou-Bouaké
  • Eximbank Chine prête plus de 157 milliards de FCA aux autorités pour le démarrage des travaux
  • 驻科特迪瓦大使唐卫斌出席科铁比苏-布瓦凯高速公路项目开工仪式
  • TIEBISSOU-BOUAKE HIGHWAY FINANCING: THE GOVERNMENT ADOPTS THE LOAN AGREEMENT OF MORE THAN 157, 767 BILLION FCFA
  • 科特迪瓦铁比苏-布瓦凯高速公路项目举行开工仪式
  • 中国路桥承建科特迪瓦铁比苏-布瓦凯(Tiébissou-Bouaké)高速公路项目签署优惠贷款政府间框架协议
  • Autoroute du Nord: les travaux de la section Tiébissou-Bouaké lancés
  • China
  • Cote d'Ivoire agree to promote bilateral ties to higher level
  • Ivory Coast: Extension of the Yamoussoukro-Bouaké motorway
  • Minister Amédé puts pressure by insisting on the delivery date scheduled for September 2021
  • DÉCRET N° 2018-924 DU 12 DÉCEMBRE 2018 PORTANT RATIFICATION DE L'ACCORD DE PRÊT GCL N° (2018) 23 TOTAL N° (665)
  • D'UN MONTANT TOTAL DE 1 969 000 000 DE YUANS RENMINBI
  • SOIT ENVIRON 157 767 414 475 FRANCS CFA
  • CONCLU LE 03 SEPTEMBRE 2018 ENTRE EXIMBANK CHINE ET LA RÉPUBLIQUE DE CÔTE D 'IVOIRE.
  • THE COUNCIL OF MINISTERS OF 12-12-2018
  • Côte d'Ivoire : la Chine finance la construction d'une autoroute de 95,6 kilomètres dans le centre du pays
  • Côte d'Ivoire: Autoroute Tiébissou - Bouaké
  • Eximbank Chine prête plus de 157 milliards de FCA aux autorités pour le démarrage des travaux
  • SAIS-CARI Loans China
  • Chinese Loans to Africa Database
  • Official Journal
  • CRBC Signs Commercial Contract for TIÉBISSOU-BOUAKÉ Expressway Project in Cote d'Ivoire
  • Chantier de l’autoroute Tiébissou-Bouaké : 400 travailleurs vaccinés contre la Covid 19
  • Côte d'Ivoire: Sur le chantier de l'autoroute Tiébissou-Bouaké, 400 travailleurs vaccinés contre la Covid-19
  • Côte d'Ivoire-AIP/ Workers on the Tiébissou-Bouaké highway continue their strike
  • Brèves Economiques d’Afrique de l’Ouest (hors Nigéria-Ghana)
  • PROJETS DE DECRETS
  • 科特迪瓦总理为公司承建的铁布高速公路项目奠基
  • 科特迪瓦装备与道路养护部部长盛赞中国经验
  • Y AMOUSSOUKRO - BOUAKÉ highway construction project _ TIEBISSOU - BOUAKÉ section_84.138 km
  • Projet de construction de l'autoroute Y AMOUSSOUKRO - BOUAKÉ _ Section TIEBISSOU - BOUAKÉ_84 ,138 km
  • AMP April 2023 Record: Projet de construction de l'autoroute YAMOUSSOUKRO - BOUAKÉ _ Section TIEBISSOU - BOUAKÉ_84 ,138 km
  • 吴杰大使出席科特迪瓦铁布高速公路通车仪式 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 Côte d'Ivoire (Ivory Coast)

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