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Completed Development AidData Chinese Aid

China Development Bank provides $47 million loan for 12 km Sambizanga-Luanda Road Reconstruction Project

$47M USD

Funder China Development Bank (CDB)
Recipient Organization Government of Angola
Country Angola
Start Date Jun 07, 2016
End Date Feb 09, 2031
Duration 5,360 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 73906
Grant Description

China Development Bank provides $47 million loan for 12 km Sambizanga-Luanda Road Reconstruction Project In 2016, China Development Bank (CDB) and the Government of Angola signed a $47 million loan agreement for the 12 km Sambizanga-Luanda Road Reconstruction Project. This loan was reportedly obtained through a master loan facility agreement.

📋 Loan / Grant Terms
💰 Loan Amountare unknown

This project involved the reconstruction of 12 km of roads (called Rua 12 de Julho and Avenida Ngola Kiluanje) from Sambizanga district to downtown Luanda.

China Tiesiju Civil Engineering Group (CTCE or CREC4) and Sinohydro were the contractors responsible for implementation. A groundbreaking ceremony for this project took place on 9 September 2016. This project was completed, but its precise completion date is unknown.

📋 Staff Comments

This project is also known as the Rua 12 de Julho Road Reconstruction Project or the N'Gola-Kiluanget Road Reconstruction Project. The Chinese project title is 安哥拉罗安达市N'Gola Kiluange公路重建工程 or 罗安达省N'gola Kiluange公路重建项目. This project may be financed through the CDB 2015 MLFA worth $15 billion (see Project ID#66847), but the issue requires further investigation.

📚 Sources & References
  • Iª Série
  • 他们在安哥拉建起了一座城
  • 安哥拉多个项目开工
  • 安哥拉公路项目部:安哥拉人民期待的便民路
  • Chinese Loans to Africa Database 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 Angola

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