Loading grant details…
China Development Bank provides $1.5 million loan for Jama River Bridge Construction Project
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Government of Ecuador |
| Country | Ecuador |
| Start Date | Jan 01, 2016 |
| End Date | Dec 30, 2027 |
| Duration | 4,381 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 69780 |
Grant Description
China Development Bank provides $1.5 million loan for Jama River Bridge Construction Project In 2016, China Development issued a $1,579,245.92 loan to the Government of Ecuador for the Jama River Bridge Construction Project.
The loan did not disburse until September 19, 2018. The total cost of the project was $9,113,816.12. The purpose of the project was to construct the Jama River bridge (puente sobre el río Jama). The bridge is concrete and 70m long, and connects Manabí, Esmeraldas and Pichincha provinces. It is was originally estimated that the bridge would directly benefit 23,000 people.
China Gezhouba Group Company Limited was responsible for project implementation.
Its work was supervised by Ecuador's Ministry of Transport and Public Works (Ministerio de Transporte y Obras Públicas; MTOP). In September 2016, construction began. On April 17, 2018, the bridge project was officially inaugurated.
Staff Comments
- The face value the CDB loan is estimated. The total cost of the project is $9,113,816.12 (Remito el Octavo Informe Trimestral). The National Government invested 7,534,570.
- $9,113,816.12 - $7,534,570.20 = CDB's estimated contribution of $1,579,245.92.
Sources & References
- El día de hoy se habilitó al tránsito vehicular el puente sobre el río Jama
- INAUGURAN PUENTE SOBRE EL RÍO JAMA
- Se funden accesos en el puente sobre el río Jama
- Inauguran puente sobre el río Jama
- Se construye puente sobre el río Jama
- EL PUENTE SOBRE EL RÍO JAMA FUE INAUGURADO
- Octavo Informe Trimestral de Gestión (abril - junio 2018)
- K084 MTOP - Proyecto de reconstrucción de obras por el terremoto 2016 - Manabí 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 Ecuador
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 GrantQuick Summary
Related Grants
