Active Development AidData Chinese Aid

Bank of China provides EUR 59 million loan for 50 km Tioroniaradougou-Dikodougou Road Rehabilitation Project

$59.02M USD

Funder	Bank of China (BOC)
Recipient Organization	Government of Côte d'Ivoire (Ivory Coast)
Country	Cote d'Ivoire
Start Date	Mar 30, 2023
End Date	Feb 08, 2032
Duration	3,237 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`92282`

Grant Description

Bank of China provides EUR 59 million loan for 50 km Tioroniaradougou-Dikodougou Road Rehabilitation Project On March 30, 2023, Bank of China and the Government of Cote d'Ivoire signed an EUR 59,021,291.87 ($69,836,838.80 or CFA 38,715,429,551.17) loan agreement for the 50 km Tioroniaradougou-Dikodougou Road Rehabilitation Project.

📋 Loan / Grant Terms

💰 Loan Amountinclude a 15-year maturity

📅 Maturity15 years

⏳ Grace Period3 years

According to the Government of Côte d'Ivoire’s Aid Management Platform (AMP), as of April 2024, no loan disbursement had been made. The purpose of the project is to rehabilitate a 50 km road section between Tioroniaradougou and Dikodougou.

The AMP provides the following locational coordinates for the project: 9.067584912315734, -5.775032043457031; 9.074704519852816, -5.77056884765625; 9.088604298658483, -5.764732360839844; 9.127249626627163, -5.744476318359375; 9.191310278443735, -5.727653503417969; 9.277045275012362, -5.6957244873046875; 9.306183634615289, -5.6634521484375; 9.338707307233625, -5.641822814941406; 9.354290491827028, -5.637359619140625.

The project’s originally scheduled completion date is December 31, 2024.

📋 Staff Comments

The French project title is Projet de réhabilitation de la route TIORONIARADOUGOU - DIKODOUGOU (50 km).
The system identification number for this project in the Government of Côte d'Ivoire’s Aid Management Platform (AMP) is 1120071338126.
The loan agreement was initially signed on January 28, 2021. However, it did not disburse between December 2020 and March 2023. The loan agreement was then re-issued on March 30, 2023. For the time being, AidData treats March 30, 2023 as the loan commitment date.

📚 Sources & References

Financement du projet de réhabilitation de la route TIORONIARADOUGOU - DIKODOUGOU (50 km)
Projet de construction d'une usine de transformation de fève de Cacao _ Crédit acheteu, _Financement du projet de réhabilitation de la route TIORONIARADOUGOU - DIKODOUGOU (50 km) English
Projet de construction d'une usine de transformation de fève de Cacao _ Crédit acheteur English
AMP April 2024 Record -- Financement du projet de réhabilitation de la route TIORONIARADOUGOU - DIKODOUGOU (50 km), 2023-etat-des-conventions-signees-dette-exterieure.pdf
Nouvelle dette signée - 2020 à 2022 int - ext 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.