Active Mixed AidData Chinese Aid

China Eximbank provides RMB 99.6 million loan for Plywood Factory Construction Project in Kompong Cham Province (Linked to Record ID#32031)

¥99.6M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Cambodia
Country	Cambodia
Start Date	Jan 01, 2000
End Date	May 12, 2033
Duration	12,185 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`32071`

Grant Description

China Eximbank provides RMB 99.6 million loan for Plywood Factory Construction Project in Kompong Cham Province In 1999, the Chinese Government agreed to provide an RMB 150 million loan to the Government of Cambodia. The loan was ultimately provided through two separate tranches for two different projects.

On December 25, 2000, the Export-Import Bank of China and the Government of Cambodia signed an RMB 50 million loan for a Textile Factory Construction Project (captured in linked Record ID#32031).

On July 26, 2000, China Eximbank and the Government of Cambodia also signed an RMB 99.6 million loan for a Plywood Factory Construction Project (as captured in this project).

Then, on October 9, 2010, the Government of Cambodia and Kampuchea-Chinese International Cooperation Co Ltd. — a Sino-Cambodian joint venture that was chaired and partially owned by a Cambodian Senator named Men Sarun — signed an on-lending agreement for the Plywood Factory Construction Project.

📋 Loan / Grant Terms

💰 Loan Amountthat supported this project carried the following terms: a 5% interest rate

📅 Maturity12 years

⏳ Grace Period4 years

💹 Interest Rate5%

The purpose of the project was to build a medium-density fiberboard production plant in Kampong Cham Province. Upon completion, it was expected to generate 50,000 cubic meters of medium-density fiberboard (plywood) each year.

📋 Staff Comments

The Chinese project title is 在柬埔寨建造中密度纤维板厂.
The original loan issued by China Eximbank carried a 3% interest rate. It was on-lent at a 5% interest rate.
AidData has not identified any evidence that the project was implemented.

📚 Sources & References

Chinese company signs economic agreement with Cambodian government
Tracking Cambodia’s Forest Commodity Chains and Export Links to China
Rubber Plantation Development in Cambodia: At What Cost?
Low-interest loan from Chinese bank to finance plywood factory.
Annual Development Review 2010-11
China Loans Teng Bunma $6M for Factory
China's loan intrigue - how much was it anyway?
Cambodia: 2000 Article IV Consultation and First Review Under the Poverty Reduction and Growth Facility - Staff Report; Public Information Notice Following Consultation; Statement by Cambodia's Representative on IMF Executive Board
Cambodia: Staff Report for the 2000 Article IV Consultation and First Review Under the Poverty Reduction and Growth Facility
The Pulp Invasion – Cambodia 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.