Loading…

Loading grant details…

Completed Development AidData Chinese Aid

China Eximbank provides RMB 509.5 million government concessional loan for National Road No. 59 (NR 59) Rehabilitation Project

¥509.6K RMB

Funder Export-Import Bank of China (China Eximbank)
Recipient Organization Government of Cambodia
Country Cambodia
Start Date Dec 21, 2009
End Date Jul 31, 2028
Duration 6,797 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 61673
Grant Description

China Eximbank provides RMB 509.5 million government concessional loan for National Road No. 59 (NR 59) Rehabilitation Project On December 21, 2009, China Eximbank and the Government of Cambodia signed an RMB 509,593,711 government concessional loan (GCL) agreement for the National Road No 59 (NR 59) Rehabilitation Project.

📋 Loan / Grant Terms
📅 Maturity20 years
⏳ Grace Period7 years
💹 Interest Rate1.25%

The proceeds of the loan were to be used by the borrower to finance an EPC contract with Shanghai Construction Group (SCG).

The purpose of this project was to rehabilitate a 144.27 km section of National Road No. 59 (NR 59) that stretches along the Cambodia-Thai Border.

It runs from the National Road No.5 (NR 5) intersection in the village of Kaun Damrei (Kaun Damrey) village within Banteay Meanchey province to Battambang province and then onward to National Road No. 57 (NR 57) in Pailin province. It also passes through Kamrieng, Phnom Prik, Sampov Loun, and Malay.

SCG was the EPC contractor responsible for implementation. The project was supervised by Guangzhou Wanan Construction Supervision Company. A groundbreaking ceremony was held on February 15, 2011. The road was officially completed and opened for use on June 21, 2013.

📋 Staff Comments

1. This project is also known as The Rehabilitation of National Road No. 59 Project -- Kamrieng-Phnom Prik -- Sampov Loun -- Malay -- Kaun Damrey Project. The Chinese project title is 59号公路修复项目.

📚 Sources & References
  • 我优惠贷款支持的柬埔寨59号公路项目正式通车
  • Project/Program Information and Implementation Arrangements
  • 我优惠贷款支持的柬埔寨59号公路举行开工典礼
  • Overview on Transport Infrastructure Sectors in the Kingdom of Cambodia (5th Edition)
  • 柬埔寨首相出席中国援柬59号公路开工仪式
  • 柬埔寨国家59号公路项目第一合同段项目
  • 中国公司承建柬埔寨公路项目通车
  • 驻柬埔寨大使潘广学出席柬59号公路开工典礼
  • 上海建工建成144公里长的柬埔寨59号公路
  • Infrastructure Development Infrastructure Development September 2011
  • The Completion of National Road No.59 in Cambodia by Shanghai Construction Group
  • Minister TRAM IVTEK with his colleagues monitored national road construction work, road No.59 and No.57B
  • CDC The Rehabilitation of National Road No. 59 Project -- Kamrieng-Phnom Prik -- Sampov Loun -- Malay -- Kaun Damrey project
  • 驻柬埔寨大使潘广学出席柬59号公路开工典礼
  • New road to link Cambodia's west to other parts
  • China Overseas Development Finance 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 Cambodia

Advertisement
Discover thousands of grant opportunities
Advertisement
Browse Grants on GrantFunds
Interested in applying for this grant?

Complete our application form to express your interest and we'll guide you through the process.

Apply for This Grant