Active Mixed AidData Chinese Aid

[Sino-Congolese Programme] China Eximbank provides $31.12 million loan for Phase 3 of the 55.5 km Bukavu-Nyangezi-Kamanyola-Uvira Segment of Route Nationale 5 (RN5) Construction and Modernization Project (Linked to Record ID#450, 85310, 46231)

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Sino-Congolais des Mines (Sicomines SARL)
Country	Democratic Republic of the Congo
Start Date	Jan 01, 2023
End Date	Aug 29, 2026
Duration	1,336 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`108768`

Grant Description

[Sino-Congolese Programme] China Eximbank provides $31.12 million loan for Phase 3 of the 55.5 km Bukavu-Nyangezi-Kamanyola-Uvira Segment of Route Nationale 5 (RN5) Construction and Modernization Project In 2008, China Eximbank issued a $3.003 billion general buyer's credit loan to Sino–Congolais des Mines (Sicomines SARL) — a joint venture — to finance infrastructure projects in the DRC (as captured via Record ID#450).

All subsidiary borrowings under the (government-guaranteed) general buyer's credit loan agreement were to be repaid with revenues from mining projects managed by Sicomines SARL.

📋 Loan / Grant Terms

💰 Loan Amountcarried a maturity of 25 years

All infrastructure projects supported through the general buyer's credit loan were part of the so-called ‘Sino-Congolese Programme.’ One of the subsidiary loans issued as part of the 'Sino-Congolese Programme' was a $31.12 million loan for Phase 3 of the 55.5 km Bukavu-Nyangezi-Kamanyola-Uvira Segment of Route Nationale 5 (RN5) Construction and Modernization Project.

The project involves the construction and modernization of a 55.5 km road between the town of Bukavu and the town of Uvira in North Kivu Province.

The road also connects the cities of Uvira and Kamanyola, which are border towns near Rwanda and Burundi and important areas for agricultural production.

Sinohydro 14 and La Société d'infrastructures sino-congolaise (SISC S.A.) are the contractors responsible for project implementation. Their work is being supervised by Agence Congolaise des Grands Travaux (ACGT). Construction began on July 22, 2023.

📋 Staff Comments

The French project title is Projet de réhabilitation de la route nationale numéro 5, Travaux du Projet d'Asphaltage de la route Bukavu-Kamanyola, or Projet de Construction et Modernisation de la RN5 : Bukavu-Nyangezi-Kamanyola-Uvira/Lot3.
Given that AidData has captured the entire $3.003 billion China Eximbank loan commitment amount for multiple infrastructure projects via Record ID#450, it does not record a financial commitment (transaction) amount for the subsidiary loan supporting this project to avoid double-counting.
The China Eximbank loan commitment for Phase 1 of the 55.5 km Bukavu-Nyangezi-Kamanyola-Uvira Segment of Route Nationale 5 (RN5) Construction and Modernization Project is captured via Record ID#46231. The China Eximbank loan commitment for Phase 2 of the 55.5 km Bukavu-Nyangezi-Kamanyola-Uvira Segment of Route Nationale 5 (RN5) Construction and Modernization Project is captured via Record ID#85310.

📚 Sources & References

Sicomines S.A. X Post Jul 30, 2023
Relance du programme Sino-congolais : L’agence APCSC appelle la Chine à exécuter des infrastructures de qualité conformément à la nouvelle philosophie de coopération
Programme sino-congolais : lancement des travaux de construction de la route Bukavu-Kamanyola dans le Sud-Kivu
RDC - Contrat chinois : Un centre de recherche dénombre 40 infrastructures réalisées mais surfacturées à 824 millions $
Visite de la Première Ministre ce mercredi 26 juin le chantier de réhabilitation de la Route Nationale Numéro 5 Bukavu-Nyangezi-Kamanyola
RAPPORT ANNUEL D’ACTIVITE 2023 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

Sino-Congolais des Mines (Sicomines SARL)

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