Completed Mixed AidData Chinese Aid

China Eximbank provides $100 million loan for Sihanoukville Special Economic Zone Project (Linked to Record ID#32206)

$100M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Sihanoukville Special Economic Zone Co., Ltd.
Country	Cambodia
Start Date	Dec 13, 2010
End Date	Dec 24, 2030
Duration	7,316 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`62469`

Grant Description

China Eximbank provides $100 million loan for Sihanoukville Special Economic Zone Project On December 13, 2010, China Eximbank Jiangsu Branch issued a mid-to-long-term overseas investment loan worth $100 million to Sihanoukville Special Economic Zone Co., Ltd. -- a special purpose vehicle -- for the Sihanoukville Special Economic Zone (SSEZ) Project.

The theborrowing terms of the loan are unknown. The total cost of the project was $320 million and it was financed with a mix of debt and equity.

Sinosure provided insurance worth $61,000,000 (which presumably covers the principal and interest of the China Eximbank loan).

The Sihanoukville Special Economic Zone (SSEZ) is jointly operated by China’s Jiangsu Taihu Cambodia International Economic Cooperation Investment Co. Ltd. and the Cambodia International Investment Development Group Co. Ltd as the special purpose vehicle (SPV) Sihanoukville Special Economic Zone Co., Ltd.

The Sihanoukville Special Economic Zone was designed with a total area of 11.13 km2.

It is located 3 km from Sihanoukville Airport and 12km from Sihanoukville deep water port, close to No. 4 national highway and 210km away from Phnom Penh. The groundbreaking ceremony for this project took place on February 23, 2008. Then, in October 2008, the first company to locate its operations in the SSEZ began its operations.

The SSEZ was officially inaugurated on June 13, 2012.

📋 Staff Comments

The Chinese project title is 柬埔寨西哈努克港经济特区 or 西哈努克港经济特区 or 柬埔寨西哈努克港经济特区.
The project's equity financing component is captured via Record ID#32206.

📚 Sources & References

Eximbank Industrial Park Projects.pdf
高燕副部长视察柬埔寨西哈努克港经济特区
中柬两国召开西哈努克港经济特区协调委员会第三次会议
张向晨部长助理来柬出席西哈努克港经济特区协调委员会第二次会议
经济特区已成柬埔寨发展重要助力
西哈努克港经济特区协调委员会工作组会议召开
中柬签署7项经贸合作协议
柬埔寨西哈努克港经济特区项目
Q&A: Chair of Export-Import Bank of China Talks Belt and Road Financing
柬埔寨西哈努克港经济特区, 【经贸合作区】柬埔寨西哈努克港经济特区
中柬两国领导人为西港特区揭牌
贺国强与洪森为西哈努克港经济特区揭牌, 2017 REPORT ON THE SUSTAINABLE DEVELOPMENT OF CHINESE ENTERPRISES OVERSEAS
Interview: Chinese-invested Sihanoukville SEZ is model for SEZ development in Cambodia: Cambodian deputy PM
钱克明副部长主持召开柬埔寨西哈努克港经济特区协调委员会第三次会议, 2017中国企业海外可持续发展报告
红豆集团：打造西港特区 “一带一路”合作共赢样板
China Investment Policy: An Update
Interview: Chinese-invested Sihanoukville SEZ is model for SEZ development in Cambodia: Cambodian deputy PM
Sihanoukville Special Economic Zone (SEZ)
Economic Statecraft in China’s New Overseas Special Economic Zones: Soft Power
Business, or Resource Security?
西港特区——中柬合作共赢的样板
柬埔寨西港特区进出口再创新高
中国进出口银行江苏分行领导调研西港特区最新进展
中国进出口银行江苏省分行领导来西港特区现场调研
The New Industrial Zone in Preah Sihanouk Province
Cambodia
Cambodian
Chinese companies lay foundation of special economic zone in Sihanoukville
Cambodia Sihanoukville Special Economic Zone
Cambodia Sihanoukville Special Economic Zone 2
西哈努克港经济特区
江苏一带一路网柬埔寨西哈努克港经济特区
促进互利共赢架起“梦想之桥” 进出口银行助力“一带一路”建设
AIDE MEMOIRE ON CAMBODIA-CHINA COOPERATION
Economic Zone Reaches Milestone
Ministry Forecasts Surge in Jobs at Sihanoukville SEZ
进出口银行江苏省分行：全力支持“一带一路”标志性项目建设 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.