Active Development AidData Chinese Aid

ICBC provides loan for Phase 2 of Libreville and Peripheral Roads Rehabilitation Project (Linked to Record ID#60358)

Funder	Industrial and Commercial Bank of China (ICBC)
Recipient Organization	Government of Gabon
Country	Gabon
Start Date	Aug 04, 2017
End Date	Dec 02, 2029
Duration	4,503 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`60360`

Grant Description

ICBC provides loan for Phase 2 of Libreville and Peripheral Roads Rehabilitation Project In 2017, the Government of Gabon signed two loan agreements with the Industrial and Commercial Bank of China (ICBC): one for the Phase 1 and one for Phase 2 of the Libreville and Peripheral Roads Rehabilitation Project.

The face values and borrowing terms of these loans are unknown. Record ID#60358 captures the ICBC loan for Phase 1. Record ID#60360 captures the ICBC loan for Phase 2. The proceeds of the two loans were to be used by the borrower to rehabilitate roads in and around Libreville. The contractor responsible for implementation is unknown.

It is also not known if this project entered implementation.

📋 Staff Comments

The French project title is Phase II Réhabilitation des routes périphériques.
This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.

📚 Sources & References

吴景春参赞会见中国路桥工程加蓬分公司总经理杨毅
ACTES DE LA REPUBLIQUE GABONAISE
ChinaLoansToAfrica©SAIS-CARI.csv
Request for a Three-Year Extended Arrangement under the Extended Fund Facility-Press Release; Staff Report; Supplementary Information, and Statement by the Executive Director for Gabon
IMF POLICY PAPER REVIEWS OF THE FUND’S SOVEREIGN ARREARS POLICIES AND PERIMETER
FIRST AND SECOND REVIEWS OF THE EXTENDED ARRANGEMENT UNDER THE EXTENDED FUND FACILITY
REQUESTS FOR WAIVERS FOR NONOBSERVANCE OF PERFORMANCE CRITERIA
ESTABLISHMENT OF PERFORMANCE CRITERIA
AND FINANCING ASSURANCES REVIEW—PRESS RELEASE; STAFF REPORT; STAFF SUPPLEMENT; AND STATEMENT BY THE EXECUTIVE DIRECTOR
JOURNAL OFFICIEL DE LA REPUBLIQUE GABONAISE 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.