Active Mixed AidData Chinese Aid

China Eximbank pledges $1.3 billion concessional loan for construction of the Ouagadougou-Koudougou section of the Ouagadougou-Bobo-Dioulasso highway

$1.3M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Burkina Faso
Country	Burkina Faso
Start Date	Apr 16, 2019
End Date	Apr 24, 2030
Duration	4,026 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`60068`

Grant Description

China Eximbank pledges $1.3 billion concessional loan for construction of the Ouagadougou-Koudougou section of the Ouagadougou-Bobo-Dioulasso highway On April 16, 2019, China Eximbank pledged a concessional loan of $1.3 billion for the construction of the Ouagadougou-Bobo-Dioulasso highway (333 km) in Burkina Faso.

The China Harbor Engineering Company Ltd. (CHEC) is in charge of the construction of the infrastructure, particularly in its Ouagadougou-Koudougou section (110 km).

This project is part of the Yamoussoukro Ouagadougou highway, one of the largest integration projects of the Treaty of Amity and Cooperation (TAC) between Burkina Faso and Côte d'Ivoire signed on July 28, 2008. The Ouagadougou-Bobo-Dioulasso highway is to be completed in 3 phases. The project was projected to start in January 2020 and would eventually reach the border with Ivory Coast.

As of September 2020, technical studies and feasibility studies had been completed and this project was in the negotiation phase.

📋 Staff Comments

1. According to Africa Logistics Magazine, “Since 2016, we have completed the technical studies of the Ouagadougou-Bobo-Dioulasso section with a length of 333 km with funding from the State budget. We have a complete and completed file which awaits only the execution'

📚 Sources & References

Chinese Loans to West African Governments
Chine-Afrique : affluence record de chefs d’État et de gouvernement au sommet de Pékin
Mr. Lin Yichong Meets with President Kaboréof Burkina Faso
Autoroute Yamoussoukro-Ouagadougou : Des partenaires chinois intéressés par le projet
De Bonnes Sources
Is CHEC set to construct a highway?
China invests $1.3 billion in Burkina faso hospital and highway
Wang Yi_ Adhere to the One-China Princi...lly Beneficial and Win-win Partnership.pdf
Chinese loans to West African governments
Yamoussoukro-Ouagadougou Highway_ Studi...to Banfora _ Africa Logistics Magazine.pdf
Transport infrastructure upgrades in Cô... d_Ivoire 2020 _ Oxford Business Group.pdf
BURKINA FASO _ Beijing hogs the roads - 30_04_2019 - West Africa Newsletter.pdf
China Cements Fresh Burkina Faso Ties With Hospital
Highway 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 Burkina Faso

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