Active Development AidData Chinese Aid

China Eximbank provides RMB 2.062 billion government concessional loan for Border Checkpoint Technology and Equipment Modernization Project

¥2.06M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Kazakhstan
Country	Kazakhstan
Start Date	Sep 11, 2019
End Date	Mar 09, 2031
Duration	4,197 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`70484`

Grant Description

China Eximbank provides RMB 2.062 billion government concessional loan for Border Checkpoint Technology and Equipment Modernization Project On June 7, 2018, China Eximbank and the Government of Kazakhstan signed a preferential loan framework agreement for the improvement of border checkpoints.

Then, on June 18, 2019, Kazakhstan’s Prime Minister, Kassym-Jomart Tokayev, signed an executive decree, formally approving the framework agreement.

Several months later, on September 11, 2019, China Eximbank and the Government of Kazakhstan signed an RMB 2,062,000,000 ($307.4 million) government concessional loan (GCL) agreement for the Border Checkpoint Technology and Equipment Modernization Project.

📋 Loan / Grant Terms

📅 Maturity20 years

⏳ Grace Period5 years

💹 Interest Rate2%

The proceeds of the GCL were to be used by the borrower to finance a commercial contract between the State Revenue Committee (SRC) of Ministry of Finance of Kazakhstan and Nuctech Company Limited (Nuctech), which was signed on September 10, 2019.

The purpose of the project was to modernize and technically re-equip Kazakhstan's border checkpoints with China and Uzbekistan, More specifically, the project will support 9 highway checkpoints, one railway checkpoint, and the situation center of the State Revenue Committee (SRC) of the Ministry of Finance of Kazakhstan.

These checkpoints and project sites are located in Alakol (Алакөл), Kalzhat (Қалжат), Maikapshagai (Майқапшағай), Bakhty (Бахты), Atameken (Атамекен), Kaplanbek (Қапланбек), Kazygurt (Қазығұрт), Temir Baba (Темір баба), Tazhen (Тәжен), Silk Road (Жібек Жолы), and Friendship (Достық).

Nuctech is the EPC contractor responsible for implementation. Project implementation was originally scheduled to commence at the end of 2019 and reach completion in 2022. However, as of early 2022, AidData had not yet identified any evidence of implementation.

Upon completion, the project is expect to increase customs supervision, improve border checkpoint (port) infrastructure, reduce corruption risks, and reduce the cost of international commerce.

📋 Staff Comments

This project is also known as the Border Checkpoint Technology and Equipment Modernization Project. The Chinese project title is “哈萨克斯坦边境口岸技术装备现代化改造”项目. The Kazakh project title is Еуразиялық экономикалық одақтың кедендік шекарасындағы өткізу пункттерін және Қазақстан Республикасының Қаржы министрлігі Мемлекеттік кірістер комитетінің Ахуалдық орталығын жаңғырту және техникалық жете жарақтандыру мақсатында or модернизацию и техническое переоборудование Казахстанских пограничных пунктов на таможенной границе Евразийского Экономического Союза.
This China Eximbank loan is not included in the China’s Overseas Development Finance Dataset that Boston University's Global Development Policy Center published in December 2020.
Russian- and English-language versions of the China Eximbank loan contract can be accessed in their entirety via https://www.dropbox.com/s/1yt5vijkkb1g5hr/p1900000671.09-09-2019.rus.pdf?dl=0 and https://www.dropbox.com/s/9l2c380wgghxwve/_%40548B%3D_5%20A_3%3B0H5%3D85%200%3D3%3B.docx?dl=0

📚 Sources & References

2019年3月世界各国涉外政策汇总, 2019年3月世界各国涉外政策汇总
A bill to borrow 116 billion tenge from China has been adopted -baq
About signing of the Framework agreement between the Government of the Republic of Kazakhstan and the Government of the People's Republic of China on preferential crediting of the People's Republic of China
Borrowing from China: The Senate held a plenary session
China Eximbank to provide 2 billion Yuan to Kazakhstan for border checkpoints upgrade
China to provide a preferential loan to Kazakhstan to upgrade EAEU checkpoints in RK
Chinese Eximbank to loan Kazakhstan over $300M
Chinese Eximbank to loan Kazakhstan over $300M
FACILITY AGREEMENT Between the Government of the Republic of Kazakhstan and the Export - import bank of the People`s Republic of China regarding the Loan
Kazakhstan ratifies agreement with China on allocation of loan for modernization of checkpoints
Kazakhstan ratifies agreement with China on loan for modernization of checkpoints
Kazakhstan takes out Chinese loan to modernise border checkpoint
Kazakhstan to borrow $300M from China
Kazakhstan to borrow $300M from China
On ratification of the Framework Agreement between the Government of the Republic of Kazakhstan and the Government of the People's Republic of China on concessional lending by the People's Republic of China
ON THE RESULTS OF THE CONSIDERATION OF BILLS IN THE SENATE AT THE FOURTH SESSION OF THE PARLIAMENT
The government of Kazakhstan will borrow more than 100 billion tenge from China Тағы да оқыңыздар: https://kaz.nur.kz/society/1787725-kazakstan-kimeti-kytajdan-100-mlrd-tegeden-astam-karyz-almak/, Еуразиялық экономикалық одақтың кедендік шекарасындағы өткізу пункттерін және Қазақстан Республикасының Қаржы министрлігі Мемлекеттік кірістер комитетінің Ахуалдық орталығын жаңғырту және техникалық жете жарақтандыру шеңберінде тауарлар, жұмыстар мен көрсетілетін қызметтер сатып алынатын өнім берушіні айқындау туралы, Законопроект по соглашению займа более 2 млрд юаней у Китая рассмотрели в Комитете Сената, НСТ плюс, О подписании Кредитного соглашения между Правительством Республики Казахстан и Экспортно-импортным банком Китайской Народной Республики об использовании льготного кредита, О ратификации Рамочного соглашения между Правительством Республики Казахстан и Правительством Китайской Народной Республики о предоставлении Китайской Народной Республикой льготного кредита, Қазақстан Қытайдан неге 100 миллиард теңге қарыз алады - Смайылов жауап берді, Қытай бізге шекара үшін 2 миллиард юань қарыз бермек, Қытайлық Nuctech ҚР 11 шекаралық өткізу пунктін жаңартуға келісімшарт алды
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同方威视收到哈萨克斯坦财政部国家收入委员会发来的新年贺信
哈萨克斯坦正式批准与中国的人民币贷款协议
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王健公参会见同方威视技术股份有限公司副总裁王卫东 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.