Loading…

Loading grant details…

Completed Development AidData Chinese Aid

Chinese Government provides RMB 119 million interest-free loan — via ETCA — for 69.44 km Laos Section of the Kunming-Bangkok Highway Project (Linked to Record ID#64230, #64231)

¥119M RMB

Funder China Ministry of Commerce
Recipient Organization Government of Laos
Country Lao People's Democratic Republic
Start Date Nov 03, 2002
End Date Jul 28, 2029
Duration 9,764 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 64761
Grant Description

Chinese Government provides RMB 119 million interest-free loan — via ETCA — for 69.44 km Laos Section of the Kunming-Bangkok Highway Project On November 3, 2002, the Chinese Government and the Government of Laos signed an Economic and Technical Cooperation Agreement (ETCA), which committed funding for the 69.44 km Laos Section of the Kunming-Bangkok Highway Project.

China’s Ministry of Commerce (MOFCOM) made three separate financial commitments in support of this project: RMB 119 million interest-free loan (captured in Record ID#64761) RMB 80 million interest-free loan (captured in Record ID#64231) RMB 50 million grant (captured in Record ID#64230) The proceeds from the grant and the interest-free loans were used to finance a construction contract between the Ministry of Communications, Transport, Post and Construction (MCTPC) of Laos and Yunnan Sunshine Road and Bridge Co., Ltd., which was signed on April 7, 2004.

The total cost of the larger 247 km Kunming-Bangkok Highway Project was approximately $100 million and it was co-financed by the Government of Thailand and the Asian Development Bank.

The Laos Section of the Kunming-Bangkok Highway Project involved the construction of a 69.44 km segment of Route 3 (R3) that runs from the border crossing in Mohan/Boten (Yunnan) to the town of Nateuy and then from Nateuy to the town of Luang Namtha (Luangnamtha) within Luang Namtha (Luangnamtha) Province.

Yunnan Sunshine Road and Bridge Co., Ltd. was the contractor responsible for implementation. A groundbreaking ceremony was held on April 26, 2004. The project was completed on March 31, 2008.

📋 Staff Comments
  1. This project is also known as the Laos Section of the Route 3 (R3) Project or the PRC Section K00+000-K67+720 of the Houayxay-Boten Road Construction Project.
  2. The Chinese project title is 昆曼公路老挝段项目 or 昆曼公路 or 昆曼高速公路.
  3. Yunnan Sunshine Road and Bridge Co., Ltd. is also known as Yunnan Highway & Bridge Co., Ltd.
  4. Since the borrowing terms of the interest-free loan are unavailable, AidData has set the maturity to 20-years by default and grace period to 10-years by default, per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity of interest-free loans is 20-years, with a drawdown period of 5-years, grace period of 5-years, and repayment over 10-years. AidData treats the drawdown period as providing 5-years of additional grace.
📚 Sources & References
  • Assessment and Prospect of China-Laos Development Cooperation, 1800公里昆曼公路的“七年之痒”
  • 老挝:脱贫进行时
  • Kunming–Bangkok Expressway
  • UPDATED RESETTLEMENT PLAN FOR BOPIAT VILLAGE NAMTHA DISTRICT LUANGNAMTHA PROVINCE
  • 中老两国政府签署关于昆曼公路老挝段建设议定书
  • 中国援建的昆曼公路老挝部分路段开工
  • 老泰10月9日签署昆曼公路老挝段建设项目贷款合同
  • White paper: China's foreign aid
  • 中资公司参与工程承包简介 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

Advertisement
Apply for grants with GrantFunds
Advertisement
Browse Grants on GrantFunds
Interested in applying for this grant?

Complete our application form to express your interest and we'll guide you through the process.

Apply for This Grant