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China Eximbank pledges loan for Mekong River Ports Projects in Xiengkok (Luang Namtha), Pakbeng (Oudomxay), and Luang Prabang
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Laos |
| Country | Lao People's Democratic Republic |
| Start Date | Jan 01, 2016 |
| End Date | May 06, 2029 |
| Duration | 4,874 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 63931 |
Grant Description
China Eximbank loan to Mekong River Ports Projects in Xiengkok (Luang Namtha), Pakbeng (Oudomxay), and Luang Prabang According to a Laos Government report from September 2015, the Government of Laos planned to hold loan negotiations and sign a loan agreement in 2016-2018 with China Eximbank for the Mekong River Ports Projects in Xiengkok (Luang Namtha), Pakbeng (Oudomxay), and Luang Prabang.
The total estimated project cost is $58.6 Million.
It is unclear how much of the total project cost the government planned to cover with loan financing from China Eximbank.
According to the government report of Laos from November 2016, Laos has completed the detailed design for 3 of Mekong River Ports projects (Xiengkok, Parkbeng and Luang Prabang), and already submitted the proposal document to the China government for Funding ("PROGRESS REPORT OF SECTOR WORKING GROUPS" pdf p.54).
It appears this project did not advance.
Sources & References
PROGRESS REPORT OF SECTOR WORKING GROUPS, 8thINFRASTRUCTURE SECTOR WORKING GROUP (ISWG) MEETING 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 Laos
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