Completed Mixed AidData Chinese Aid

CDB provides $27 million loan for 61 km Maria Teresa-Dondo Road Rehabilitation Project

$27M USD

Funder	China Development Bank (CDB)
Recipient Organization	Government of Angola
Country	Angola
Start Date	Jan 01, 2016
End Date	Sep 10, 2028
Duration	4,636 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`73907`

Grant Description

CDB provides $27 million loan for 61 km Maria Teresa-Dondo Road Rehabilitation Project In 2016, China Development Bank and the Government of Angola reportedly signed a $27 million loan agreement for the 61 km Maria Teresa-Dondo Road Rehabilitation Project.

This loan was reportedly obtained through a China Development Bank credit line (or master loan facility agreement), although which one is unclear.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

This project involved the reconstruction of a 61 km segment from Maria Teresa to Dondo along the EN321 Road in Kwanza Norte (Cuanza Norte) Province. China Tiesiju Civil Engineering Group (CTCE or CREC4) was the contractor responsible for implementation. A groundbreaking ceremony for this project took place on 26 August, 2016.

This project was completed and the road was opened to traffic on 17 September, 2020.

📋 Staff Comments

This project is also known as the EN321 Road Rehabilitation Project. The Chinese project title is Maria Teresa-Dondo公路重建项目 or 主营销的北宽扎省Maria Teresa-Dondo公路重建项目.This project might be funded by one of 2 CDB MLFAs captured by AidData, a 2014 CDB MLFA (#66806) and a 2015 CDB MLFA (#66847).

📚 Sources & References

安哥拉多个项目开工, [大事件]中国中铁：中国中铁股份有限公司重大工程中标公告
Angola's No.321 National Highway Partially Open to Traffic
Empreiteira garante que Centralidade do Sequele tem 50 anos de vida util
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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