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China Eximbank provides $78.1 million preferential buyer’s credit for National Road No. 44 (NR 44) Rehabilitation Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Cambodia |
| Country | Cambodia |
| Start Date | Jun 13, 2012 |
| End Date | Feb 10, 2033 |
| Duration | 7,547 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 61173 |
Grant Description
China Eximbank provides $78.1 million preferential buyer’s credit for National Road No. 44 (NR 44) Rehabilitation Project On June 13, 2012, China Eximbank and the Government of Cambodia signed a $78,192,000 preferential buyer’s credit (PBC) agreement for the National Road No. 44 (NR 44) Rehabilitation Project.
The proceeds of the PBC were to be used by the borrower to partially finance an EPC (commercial) contract with China Road and Bridge Corporation (CRBC).
The purpose of the project was to rehabilitate a 139.61 km segment of National Road No. 44 (NR 44) that crosses Kampong Speu Province and connects to National Road No. 4 (NR 4) and National Road No. 5. The road runs from km No.48 of NR 4 to km 39 of NR 5. It passes through Chbar Mon city and three districts of Kampong Speu Province (Chbar Mon, Aural, and Udong).
The project sought to expand the width of the road to 11 meters to improve transportation conditions and accessibility. CRBC was the EPC contractor responsible for implementation. The project was supervised by Guangzhou Wanan Construction Supervision Company.
A groundbreaking ceremony was held on May 6, 2013, and the project was completed on August 2, 2016 ("我优买资金支持的柬埔寨44号公路项目开工").
Staff Comments
The Chinese project title is 柬埔寨44号公路项目.
Sources & References
- 驻柬埔寨大使布建国出席中国优贷项目柬埔寨44号公路通车仪式
- 我优买资金支持的柬埔寨44号公路项目开工
- Project/Program Information and Implementation Arrangements
- Overview on Transport Infrastructure Sectors in the Kingdom of Cambodia (5th Edition)
- 中国优贷项目柬埔寨44号公路通车
- 驻柬埔寨大使潘广学获颁柬埔寨政府最高友好合作勋章
- 驻柬埔寨大使布建国出席中国优贷项目柬埔寨44号公路通车仪式
- Table on the Progress of Road-Bridge Project Implementation
- GROUND BREAKING CEREMONY For the Rehabilitation of National Road No.44
- Cambodia and China Reach Seven Agreements
- China Overseas Development Finance
- Cambodia Highway 44 opens to traffic 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 Cambodia
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