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Completed Development AidData Chinese Aid

China Eximbank provides RMB 388.7 million government concessional loan for Eighth Cambodia-China Friendship Bridge Stung Treng-Krouch Chhmar (Phase 1 of National Road No. 71 C) Project (Linked to Record ID#92544)

¥388.76M RMB

Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Cambodian Ministry of Economy and Finance
Country Cambodia
Start Date May 16, 2017
End Date Apr 03, 2029
Duration 4,340 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 61800
Grant Description

China Eximbank provides RMB 388.7 million government concessional loan for Eighth Cambodia-China Friendship Bridge Stung Treng-Krouch Chhmar (Phase 1 of National Road No. 71 C) Project On May 16, 2017, at the 2017 “Belt and Road” International Cooperation Summit Forum and under the joint witness of Chinese Premier Li Keqiang and Prime Minister Hun Sen of the Royal Government of Cambodia, China Eximbank and the Government of Cambodia's Ministry of Economy and Finance signed an RMB 388,762,000 government concessional loan (GCL) agreement for the Eighth Cambodia-China Friendship Bridge Stung Treng-Krouch Chhmar (Phase 1 of National Road No. 71 C) Project.

📋 Loan / Grant Terms
📅 Maturity20 years
⏳ Grace Period7 years
💹 Interest Rate1.25%

The proceeds of the GCL were to be used by the borrower to finance an EPC (commercial) contract with Shanghai Construction Group (SCG).

The purpose of the project is to construct a 1.13 km reinforced concrete bridge — that crosses the Mekong River — and an 8.3-km connecting road.

The Stung Trang-Kroch Chhmar Bridge is 13.5 meters wide and 15 meters high and it located in Boeung Deng Village, Prek Kak Commune, Stung Trang District, and Kampong Cham Province.

This project is considered to be the first phase of the National Highway No. 71C, which will run from Stung Treng district in Tbong Khmum Province to Chamka Leu district in Kampong Cham Province. SCG was the EPC contractor responsible for implementation.

On May 16, 2016, an inspection of National Highway No. 71C was undertaken to gauge the feasibility of building and repairing the road.

The project officially commenced on February 9, 2018, and construction was originally expected to be complete in early 2021. As of February 2020, the project was 84% complete. As of July 3, 2020, the project was 87% complete. As of December 7, 2020, the project was 96.4% complete.

On November 23, 2021, Cambodian Prime Minister Samdech Techo Hun Sen cut the ribbon to inaugurate the Eighth Cambodia-China Friendship Bridge.

📋 Staff Comments

The project is also known as the Eighth Cambodia-China Friendship Bridge or Stung Trang-Krauch Chhmar Bridge Over Mekong River Project, Phase Ⅰ of the National Road 71C Project, the Stueng Trang - Krouch Chhmar Bridge Project, or the Stueng Trang-Grochma Bridge and Connecting Road Project. The Chinese project title is 柬斯登特朗-格罗奇马湄公河大桥项目 or 第八座柬中友谊大桥 or 71C号国家公路项目一期工程. The second phase of the project is captured in project #92544. The China Eximbank loan that supported this project is not included in the Overseas Development Finance Dataset that Boston University’s Global Development Policy Center published in December 2020.

📚 Sources & References
  • Q&A: Chair of Export-Import Bank of China Talks Belt and Road Financing
  • 金融时报:路桥连起中柬情 中国进出口银行发挥政策性金融优势助力中柬合作
  • Chinese constructor builds “bridge of hope” in Cambodia
  • PM Hun Sen Presides over the Groundbreaking Ceremony for Construction of Stung Trang-Krauch Chmar Bridge
  • 熊波大使同洪森首相共同出席跨湄公河大桥开工仪式
  • 中柬签署多份双边合作文件
  • 熊波大使同洪森首相共同出席跨湄公河大桥开工仪式
  • 柬埔寨首相洪森出席集团格罗奇马湄公河大桥项目开工典礼
  • Cambodia builds 8th Cambodia-China Friendship Bridge
  • Overview on Transport Infrastructure Sectors in the Kingdom of Cambodia (5th Edition)
  • Inspection on National Road No 71C from Tbong Khmum Province to Kampong Cham Province and National Highway No 11 from Neak Loeung Bridge to Bison Gyi
  • China Eximbank Signed Loan Agreements with the Ministry of Economy and Finance of Cambodia
  • Infrastructure Development
  • Project/Program Information and Implementation Arrangements
  • China Database 2017
  • 熊波大使同洪森首相共同出席跨湄公河大桥开工仪式
  • The Chinese-built Cambodian Grochma Bridge project has been completed 87%
  • Construction of Stueng Trang-Krouch Chmar Bridge finished by December
  • PM cancel Stung Trang-Kroch Chhmar bridge connection ceremony on December 7, 8th Cambodia-China friendship bridge brings hope to residents in Cambodia
  • 新华社:中企承建柬埔寨中部湄公河大桥项目举行通车典礼
  • China Overseas Development Finance
  • Stung Trang Krauch Chhmar Bridge Over Mekong River in Cambodia (Phase 1 ofNational Road No. 71 C) Project/Program Information and Implementation Arrangements 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

Cambodian Ministry of Economy and Finance

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