Completed Development AidData Chinese Aid

Chinese Government provides $60.9 million interest-free loan for Kratie-Trapeang Kriel Section of National Road No.7 (NR 7) Rehabilitation Project (Linked to Record ID#61166, #32077, #38851)

$60.98M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Cambodia
Country	Cambodia
Start Date	Nov 02, 2002
End Date	Jan 01, 2031
Duration	10,287 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`61165`

Grant Description

Chinese Government provides $60.9 million interest-free loan for Kratie-Trapeang Kriel Section of National Road No.7 (NR 7) Rehabilitation Project On November 2, 2002, the Chinese Government and the Government of Cambodia signed letters of exchange regarding a $60,980,000 loan for the Kratie-Trapeang Kriel Section of National Road No.7 (NR 7) Rehabilitation Project.

📋 Loan / Grant Terms

💰 Loan Amountcarried the following borrowing terms: a 20-year maturity

📅 Maturity20 years

⏳ Grace Period10 years

💹 Interest Rate0%

The loan proceeds were drawn in part from an economic and technical cooperation agreement (ETCA) that the parties signed on November 27, 2003 (as captured via Record ID#32077).

Also, on November 2, 2002, the Chinese Government and the Government of Cambodia signed a $2,430,000 grant agreement for the Kratie-Trapeang Kriel Section of National Road No.7 (NR 7) Rehabilitation Project (as captured via Record ID#61166).

The purpose of the project was to rehabilitate a 196.8 km segment of National Road No.7 (NR 7) between Kratie and Trapeang Kriel.

This road segment was considered to be the last section of the Sihanoukville–Phnom Penh–Stung Treng–Pakse–Savannakhet Subcorridor (SEC-4) in Cambodia. Shanghai Construction Group (SCG) was the contractor responsible for implementation.

A formal groundbreaking ceremony was held on November 18, 2004 and the road inauguration ceremony was held on April 29, 2008.

📋 Staff Comments

This project is also known as the Rehabilitation Project of the National Road No. 7 (NR 7) from Kratie to Trapeang Kriel (including Cambodia-China Friendship Bridge in Sekong). The Chinese project title is 援柬埔寨7号国道项目 or 援柬埔寨7号公路 or 桔井至德罗宾克瑞尔7号国道.
The Government of Cambodia’s aid and debt information management system, which is maintained on behalf of all ministries and agencies of the Royal Government of Cambodia by the Cambodian Rehabilitation and Development Board (CRDB) of the Council for the Development of Cambodia (CDC), identifies the interest rate of the loan that supported this project as 2%. However, this appears to be a typographical error.
The loan proceeds were drawn from an ETCA, which committed an interest-free loan (see Project ID#32077).
In 2004, the Chinese Government and the Government of Cambodia signed a $2,558,125 interest-free loan agreement for the 1st Cambodia-China Friendship (Sekong) Bridge Construction Project, which is closely related to the Kratie-Trapeang Kriel Section of National Road No.7 (NR 7) Rehabilitation Project (as captured via Project ID#38851).

📚 Sources & References

中国援柬埔寨7号公路举行竣工通车仪式
柬埔寨政府首相洪森亲自主持中援7号公路及中柬友好第一桥竣工通车仪式
Infrastructure Development Infrastructure Development September 2011
Project/Program Information and Implementation Arrangements
中国援柬埔寨7号公路举行竣工通车仪式
中国援建柬埔寨7号公路建设纪实
Overview on Transport Infrastructure Sectors in the Kingdom of Cambodia (5th Edition)
Assessing China’s Impact on Poverty Reduction in the Greater Mekong Sub-region: The Case of Cambodia
ASSESSMENT OF GREATER MEKONG SUBREGION ECONOMIC CORRIDORS
Selected Comments in the Visit to the Construction Sites of National Road 7 and Se Kong Bridge in the Province of Stoeung Treng
援柬埔寨7号国道项目专辑（一） 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.