Completed Development AidData Chinese Aid

CDB provides $400 million loan for Moçâmedes Railway Renovation Project (Linked to Record ID#67)

Funder	China Development Bank (CDB)
Recipient Organization	Government of Angola
Country	Angola
Start Date	Jan 01, 2009
End Date	Dec 28, 2031
Duration	8,396 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`64862`

Grant Description

CDB provides $400 million loan for Moçâmedes Railway Renovation Project In April 2007, China Hyway Group Limited signed a $1.31 billion commercial contract with the Government of Angola for the Moçâmedes Railway Renovation Project. The commercial contract was financed with a $400 million loan from China Development Bank (CDB).

The subsidiary loan for this project was approved under a $1.5 billion common terms agreement with CDB in November 2009, which is captured via Record ID#67.

The project involved the renovation of a 1003.1 km railway with 56 stations between Namibe Port in the west and Menongue in the east.

A subsidiary of China Hyway Group Limited — called China Hyway Group Limited Mocamedes Railway Project Company — was the contractor responsible for project implementation. Construction was completed in December 2011. The railway opened to traffic on August 25, 2012. The project then passed final inspection on September 12, 2015.

After the completion of a two-year warranty period for operations and maintenance, the railway was handed over to the Angolan authorities on October 30, 2017. The total cost of the project ultimately exceeded $1.3 billion.

📋 Staff Comments

The Chinese project title is 安哥拉莫桑梅德斯铁路 or 莫桑梅德斯铁路 or 安哥拉莫桑梅德斯铁路. The Portuguese project title is Caminhos de Ferro Namibe or Caminho de Ferro de Moçâmedes.
The CDB loan that supported this project is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.
In order to eliminate the risk of double-counting financial commitments, AidData does not record a transaction value (commitment amount) for the $400 million CDB loan that supported the Moçâmedes Railway Renovation Project. This borrowing (drawdown) under the $1.5 billion common terms agreement is almost certainly already captured via Record ID#67.

📚 Sources & References

Building a track record of success
Transport Team of China Hyway Group Limited Mocamedes Railway Project Company Held Traffic Safety Ed
Deputy Minister of Transport of Angola Inspected Mocamedes Railway Project
Lusophone Africa Special Report 2013: Being in it to win it
中国国家开发银行保证继续向安哥拉提供财政支持
Angola and Mozambique, both once riven by civil war, are now rich in natural resources and growing fast, but they still face big challenges. Lawyers are key to their reconstruction
China in Africa: an analysis of the bilateral relations between China and Angola over the past ten years
中国浩远承建安哥拉莫桑梅德斯铁路正式交工
China Hyway Group Limited Mocamedes Railway Project Company Successfully Exploded Giraul Bridge
Relatório Final Estudo para o Programa de Reabilitação Urgente dos Portos da República de Angola Relatório Principal
中国国家开发银行保证继续向安哥拉提供财政支持
中企为安哥拉铁路建设交上满意答卷
War and peace
Angola railway station
China Hyway Group Limited Mocamedes Railway co
Chinese Loans to Africa Database
Angola Mocamedes Railway
安哥拉莫桑梅德斯铁路
China-Africa Trade and Economic Cooperation Special
Successful delivery of Mocamedes Railway after several years of hard work 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.