Active Mixed AidData Chinese Aid

China Eximbank pledges $60.86 million preferential buyer’s credit for Nam Theun 2 Tailrace Outlet No. 4 and Outlet No. 1 Irrigation Subproject (Linked to Record ID#67621)

$60.86M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Laos
Country	Lao People's Democratic Republic
Start Date	Jan 01, 2014
End Date	Oct 11, 2027
Duration	5,031 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`63933`

Grant Description

China Eximbank pledges $60.86 million preferential buyer’s credit for Nam Theun 2 Tailrace Outlet No. 4 and Outlet No. 1 Irrigation Subproject On October 15, 2014, the Government of Laos and Northern International Cooperation Co., Ltd (NORINCO) signed a commercial contract for the Nam Theun 2 Tailrace Outlet No. 4 and Outlet No. 1 Irrigation Subproject with an estimated value of $71.6 million.

China Eximbank reportedly agreed (at least in principle) to issue a preferential buyer’s credit (PBC) to finance this contract.

The precise face value of the PBC is unknown, but since China Eximbank PBCs typically finance 85% of the total cost of a commercial (EPC) contract, AidData assumes that the face value of the PBC was $60.86 million (85% of $71.6 million).

This project — also known as Phase 2 of the Xebangfai-Xebanghieng Irrigation and Flood and Drought Management Scheme — involved the construction of an irrigation infrastructure in the irrigation area controlled by Nam Theun 2 Tailrace Outlet No. 1 and Tailrace Outlet No. 4.

Upon completion, the two tailrace outlets were expected to have the capacity to irrigate a combined 7,600 hectares of cultivated land in Gnommalath and Mahaxay districts. NORINCO was the EPC contractor responsible for implementation. AidData has not identified any evidence that this project was implemented.

China Eximbank also financed the Nam Theun 2 (NT2) Tailrace Outlet No. 3 Irrigation Subproject (see Record ID#67621).

📋 Staff Comments

This project is also known as Phase 2 of the the NT2 Irrigation Project. The Chinese project title is Xebangfai河流域灌溉和防洪管理项目 or 老挝南腾2水电站灌溉项目 or 老挝甘蒙省灌溉项目 or 老挝南腾2水电站尾水1号闸门灌溉项目 or 际就老挝甘蒙省南腾2尾水渠1号4号闸门灌溉项目 or 老挝南腾2灌溉二期项目.

📚 Sources & References

New Nam Theun 2 outlets to serve agriculture
Nam Theun 2 dam to supply water for Lao farmers
水电十局签订老挝南腾2灌溉二期项目施工合同
我优买资金支持的老挝南腾2水电站尾水3号闸门灌溉项目举行开工仪式
驻老挝大使关华兵出席甘蒙省灌溉项目开工仪式
驻老挝大使关华兵出席北方国际在老挝甘蒙省灌溉项目合同签约仪式
北方国际老挝南腾2水电站尾水1、4号闸门灌溉项目签署谅解备忘录
我优买资金支持的老挝甘蒙省灌溉项目举行竣工交接仪式Completion ceremony of China-loaned Laos Khammouan Province irrigation system was held 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.