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China Eximbank provides RMB 283.5 million government concessional loan for Achang Irrigation Development Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Cambodia |
| Country | Cambodia |
| Start Date | Oct 16, 2013 |
| End Date | Sep 21, 2026 |
| Duration | 4,723 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 62142 |
Grant Description
China Eximbank provides RMB 283.5 million government concessional loan for Achang Irrigation Development Project On August 9, 2013, the Chinese Government and the Government of Cambodia signed a preferential loan framework agreement for the Achang Irrigation Development Project.
Then, on October 16, 2013, the Export-Import Bank of China and the Government of Cambodia signed an RMB 283,500,000 government concessional loan (GCL) agreement [China EXIMBANK GCL No. 2013 (35) Total NO. (480)] for the Achang Irrigation Development Project.
The proceeds from the loan were used to finance an EPC contract with Sinohydro Corporation Engineering Bureau 15 Co., Ltd.
The purpose of this project was to construct a dam and improve irrigation systems in the Boribo River Basin along the northwestern border of Kampong Chhnang Province. Guangdong Hydropower Institute was the contractor responsible for project design. Sinohydro Corporation Engineering Bureau 15 Co., Ltd. was the contractor responsible for project implementation.
The project was supervised by Guangzhou Wanan Construction Supervision Company. Construction began on November 3, 2014 and ended on August 23, 2017.
Then, on April 12, 2018, Li An, the Chinese Economic and Commercial Counselor in Cambodia, and a representative of Guangzhou Wanan Construction Supervision Company conducted an on-site project inspection. The project was formally completed and handed over to the local authorities on August 22, 2018.
Staff Comments
- This project is also known as the Achang Water Conservancy Irrigation Project. The Chinese project title is 阿江水利灌溉工程项目.
- 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
- 李岸参赞赴磅清扬省考察阿江水利灌溉工程项目完工验收整改情况
- 布建国大使与吉春副首相签署优惠贷款框架协议
- China's Exim Bank lends $121m to Cambodia for irrigation, power grid
- 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
- Project/Program Information and Implementation Arrangements
- 梁向峰出席柬埔寨阿江水利项目优惠贷款协议签约仪式
- 梁向峰出席柬埔寨阿江水利项目优惠贷款协议签约仪式
- Outline of the Design Process of Achang Water Conservancy Irrigation Project of Cambodia 柬埔寨阿江水利灌溉项目设计全过程概要
- 柬埔寨阿江水利灌溉开发工程项目提前通过完工验收
- 我院设计的柬埔寨阿江水利灌溉项目近日在央视新闻频道播报
- 范集湘出席柬埔寨阿江水利项目优惠贷款协议签约仪式
- China's Exim Bank lends $121m to Cambodia for irrigation, power grid
- CDC Project Achang Irrigation Development Project in Kompong Chhang Province
- Founding Ambassador cloth and Yoshiharu Deputy Prime lending framework agreement signed
- 中国电建承建柬埔寨阿江水利项目签优惠贷款协议
- Cambodia-China Concessional Loan Agreements and Financial Cooperation Agreements Signed
- China Overseas Development Finance
- China's Irrigation Project Improves Livelihood of Cambodians 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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