Completed Development AidData Chinese Aid

China Eximbank provides RMB 1.973 billion government concessional loan for 12-City Water Supply Project

¥1.97M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Côte d'Ivoire (Ivory Coast)
Country	Cote d'Ivoire
Start Date	Nov 13, 2019
End Date	Mar 25, 2026
Duration	2,324 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`88031`

Grant Description

China Eximbank provides RMB 1.973 billion government concessional loan for 12-City Water Supply Project On October 17, 2019, the Chinese Government and the Government of Côte d'Ivoire signed a preferential loan framework agreement for the 12-City Water Supply Project.

The agreement was signed by China’s Ambassador to Côte d'Ivoire Wan Li and Côte d'Ivoire’s Foreign Minister Marcel Amon-Tanoh.

Then, on November 13, 2019, China Eximbank and the Government of Côte d'Ivoire signed a government concessional loan (GCL) agreement [CHINA EXIMBANK GCL No. (2019) 13 TOTAL NO. (684)] worth RMB 1,973,711,522 billion RMB (CFA 166,363,485,142) for the 12-City Water Supply Project. The GCL agreement was ratified by the Ivorian Council of Ministers on January 8, 2020.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

However, it is known that the proceeds of the loan are to be used by the borrower to finance an RMB 2.06 billion commercial contract between the Government of Côte d'Ivoire and China Geo-Engineering Corporation (中国地质工程集团公司).

As of December 31, 2023, the loan had achieved a 77.5% disbursement rate (CFA 129,061,580,042.10 out of CFA 166,363,485,142). 14 loan disbursements were made between 2020 and 2023: a CFA 51,075,240,000 disbursement on August 31, 2020 a CFA 3,143,000,000 disbursement on March 31, 2021, a CFA 15,226,191,363.70 disbursement on December 31, 2021, a CFA 5,438,081,971 disbursement on February 28, 2022, a CFA 4,949,064,961 disbursement on March 31, 2022, a CFA 2,850,517,854 disbursement on April 30, 2022, a CFA 5,705,350,000 disbursement on May 31, 2022, a CFA 8,810,830,408 disbursement on June 30, 2022, a CFA 4,399,881,712.40 disbursement on December 31, 2022, a CFA 6,750,283,036 disbursement on January 31, 2023, a CFA 3,009,550,736 disbursement on February 28, 2023, a CFA 4,439,890,000 disbursement on May 31, 2023, a CFA 7,389,858,000 disbursement on June 30, 2023, and a CFA 5,873,840,000 disbursement on October 31, 2023.

The purpose of the project is to construct water infrastructure — including the construction of river water intake stations, water treatment plants, surface storage tanks, high-level water towers, and water pipe networks as well as refurbishment of existing water infrastructure — in 12 towns and cities, including Bouaflé, Daloa, Divo, Grand-Lahou, Katiola, Mankono, Boundiali, Odienné, Séguéla, Touba, Sassandra, and Tanda.

Upon completion, the project is expected to supply drinking water to 1.537 million inhabitants by 2020 and 2.237 million inhabitants by 2033.

China Power Construction Group Kunming Survey and Design Institute Co., Ltd., is responsible for project design and China Geo-Engineering Corporation (中国地质工程集团公司) is responsible for project implementation.

A groundbreaking ceremony took place on September 15, 2020 and the originally expected duration of the construction period was 36 months (September 15, 2023). The project achieved the provisional acceptance stage on September 26, 2023. A formal project completion ceremony took place on August 2, 2024.

📋 Staff Comments

This project is also known as the 12 Regions Urban Water Supply Project and the 12-City Drinking Water Supply Project. The Chinese project title is 12城市供水项目 or 迪沃市供水项目. The French project title is Projet de Renforcement de l’Alimentation en Eau Potable de 12 Villes or Projet de renforcement de l’alimentation en eau potable des villes de Bouaflé, Boundiali, Daloa, Divo, Grand-Lahou, Katiola, Mankono, Odienné, Sassandra, Séguéla, Tanda, Touba or Lancement des travaux du projet d’adduction d’ eau potable des 12 villes.
The AMP system identification number for the China Eximbank loan is 1120071334022.
The AMP identifies the loan commitment date as October 30, 2019 rather than November 13, 2019. This issue merits further investigation.
According to the World Bank's Debtor Reporting System (DRS), the weighted average grace period of all official sector lending from all Chinese creditors to government and government-guaranteed borrowing institutions in Côte d'Ivoire was 6.0659-years in 2019. AidData estimates the grace period of the Export-Import Bank of China loan that supported the 12-City Water Supply Project by using this figure. See https://www.dropbox.com/scl/fi/i7f56vi0ix8drznpbaczg/Weighted-average-borrowing-terms-from-Chinese-Lenders-to-Ivory-Coast-April-2024-IDS-Data-Extraction.xlsx?rlkey=0uj6y8don6vdg39v28f1y4nwz&dl=0 5. According to the World Bank's Debtor Reporting System (DRS), the weighted average maturity of all official sector lending from all Chinese creditors to government and government-guaranteed borrowing institutions in Côte d'Ivoire was 16.8699-years in 2019. AidData estimates the maturity of the Export-Import Bank of China loan that supported the 12-City Water Supply Project by using this figure. See https://www.dropbox.com/scl/fi/i7f56vi0ix8drznpbaczg/Weighted-average-borrowing-terms-from-Chinese-Lenders-to-Ivory-Coast-April-2024-IDS-Data-Extraction.xlsx?rlkey=0uj6y8don6vdg39v28f1y4nwz&dl=0 6. According to the World Bank's Debtor Reporting System (DRS), the weighted average interest rate of all official sector lending from all Chinese creditors to government and government-guaranteed borrowing institutions in Côte d'Ivoire was 2.1622% in 2019. AidData estimates the interest rate of the Export-Import Bank of China loan that supported the 12-City Water Supply Project by using this figure. See https://www.dropbox.com/scl/fi/i7f56vi0ix8drznpbaczg/Weighted-average-borrowing-terms-from-Chinese-Lenders-to-Ivory-Coast-April-2024-IDS-Data-Extraction.xlsx?rlkey=0uj6y8don6vdg39v28f1y4nwz&dl=0

📚 Sources & References

驻科特迪瓦大使陪同瓦塔拉总统出席科12城市供水项目开工仪式
PROJETS DE LOI ET D’ORDONNANCE
IVORY COAST: Beijing lends €240 million for a drinking water project in 12 cities
COMMUNIQUE DU CONSEIL DES MINISTRES du Mercredi 08 JANVIER 2020
Coopération/Eau potable: La Chine octroie 157 milliards FCfa à la Côte d’Ivoire pour alimenter 12 villes
Cote D'ivoire 2021 Bond Prospectus
科特迪瓦12城市供水项目开工
驻科特迪瓦大使万黎出席科12城市供水项目政府间框架协议和加尼瓦医院第三期技术合作项目协议签署换文仪式
Tableau Récapitulatif Des Activités Du Ministère de L'Hydraulique de Janvier À Février
SAIS-CARI Loans China
科特迪瓦12城市供水项目顺利开工
Ambassador Wan Li attended the signing ceremony of the intergovernmental framework agreement for the 12-city water supply project in Côte d'Ivoire and the agreement for the third-phase technical cooperation project of the Caniva Hospital
The construction of a major water supply project aided by China starts, and the President of Côte d'Ivoire presides over the ceremony
Ambassador to Côte d'Ivoire accompanied President Ouattara to the commencement ceremony of the water supply project in the 12 cities of Cote d'Ivoire
COUNCIL OF MINISTERS OF 08-01-2020
Legislative and regulatory texts adopted by the Council of Ministers of 08/01/2020
Twenty Years of Data on China’s Africa Lending
Project in Perspective
DRINKING WATER: 166.3 BILLION FCFA TO STRENGTHEN THE SUPPLY OF 12 CITIES
Recruitment of personnel for the Twelve Cities Water Supply Project in Côte d'Ivoire
The construction of a major water supply project aided by China starts, and the President of Côte d'Ivoire presides over the ceremony
The groundbreaking ceremony for the Twelve Cities Water Supply Project in Côte d'Ivoire - Danda City Water Supply Project was grandly held
The groundbreaking ceremony for the Twelve Cities Water Supply Project in Côte d'Ivoire - Mencono
Séguéra and Benjali was grandly held
The groundbreaking ceremony for the Twelve Cities Water Supply Project in Côte d'Ivoire-Odine City Water Supply Project was grandly held
The foundation stone laying ceremony of the Da Laou water supply project of the Twelve Cities Water Supply Project in Côte d'Ivoire was grandly held
Drinking water reinforcement and supply project in 12 localities in Côte d'Ivoire
Projet de renforcement et d'alimentation en eau potable dans 12 localités en Côte d'Ivoire
The groundbreaking ceremony for the Twelve Cities Water Supply Project in Côte d'Ivoire - Divo City Water Supply Project was grandly held
The groundbreaking ceremony for the Twelve Cities Water Supply Project in Côte d'Ivoire - Danda City Water Supply Project was grandly held
Projet de renforcement et d'alimentation en eau potable dans 12 localités en Côte d'Ivoire
AMP April 2024 Record -- Projet de renforcement et d'alimentation en eau potable dans 12 villes en Côte d'Ivoire
科特迪瓦12城市供水项目——布瓦夫莱市供水项目举行竣工典礼 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 Côte d'Ivoire (Ivory Coast)

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