Completed Mixed AidData Chinese Aid

[Sino-Congolese Programme] China Eximbank provides $5 million loan for Phase 2 of Uvira Road Rehabilitation and Modernization Project (Linked to Record ID#450, #46235)

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Sino-Congolais des Mines (Sicomines SARL)
Country	Democratic Republic of the Congo
Start Date	Nov 30, 2018
End Date	May 04, 2028
Duration	3,443 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`85285`

Grant Description

[Sino-Congolese Programme] China Eximbank provides $5 million loan for Phase 2 of Uvira Road Rehabilitation 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 $5 million loan for Phase 2 of the Uvira Road Rehabilitation and Modernization Project. The loan ultimately achieved a disbursement rate of 96% ($4,824,815.43 out of $5,000,000).

The project involved the rehabilitation and modernization of 9.55km of highways and roads of the city of Uvira in South Kivu Province.

Specifically, this project will involve the rehabilitation of the Uvira crossing, which runs 9.55km from the port of Kalundu to the Kavinvira roundabout. Sinohydro was the contractor responsible for project implementation. It was awarded a $5 million contract (ID#ACGT/DG/009/2018) on November 30, 2018.

Phase 2 of the Uvira Road Rehabilitation and Modernization Project was officially completed on June 10, 2022. The project’s originally scheduled completion date was April 2, 2019.

📋 Staff Comments

The French project title is Modernisation de la Voirie d’Uvira.
In 2017, the Government of the Democratic of Congo requested addition funding worth $17,546,236.
The 2018 ACGT Annual Report still only records the 2015 committed amount, $5 million USD, which is presumably the reason for the delay in project implementation.
Given that AidData has captured the entire $3.003 billion China Eximbank loan commitment amount for multiple infrastructure projects via Project ID#450, it does not record a financial commitment (transaction) amount for the subsidiary loan supporting this project to avoid double-counting.
Phase 1 of the Uvira Road Rehabilitation and Modernization Project is captured via Project ID#46235.

📚 Sources & References

Rapport Annuel 2017
Rapport Annuel 2016
Uvira
Rapport Annuels 2017
Rapport Annuel 2018, drc-china infrastructure status march 2011
Construction of highways roads of the city of Uvira
Rapport Annuel 2015
Construction of roads in the city of Uvira, 2018 Annual Report, rapport assoupliitie
CONVENTION DE LA SINO-CONGOLAISE DES MINES : Qui perd, qui gagne entre l’Etat congolais et la Chine ?
Etude d’évaluation de la mise en œuvre de la convention de collaboration relative au développement d’un projet minier et d’un projet d’infrastructures en RD Congo Projet SICOMINES
RDC - Contrat chinois : Un centre de recherche dénombre 40 infrastructures réalisées mais surfacturées à 824 millions $
REPORT OF THE AUDITOR-GENERAL ON THE PUBLIC ACCOUNTS OF GHANA (GENERAL GOVERNMENT) FOR THE YEAR ENDED 31 DECEMBER 2022
REPORT OF THE AUDITOR – GENERAL ON THE PUBLIC ACCOUNTS (CENTRAL GOVERNMENT) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE QUARTER ENDED SEPTEMBER 30, 2017
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE MONTH ENDED JUNE 30, 201
REPORT OF THE AUDITOR-GENERAL THE PUBLIC ACCOUNTS OF GHANA (CONSOLIDATED FUND) FOR THE YEAY ENDED 31 DECEMBER 2015, https://web.archive.org/web/20240616120555/https://www.cagd.gov.gh/wp-content/uploads/2020/08/2016-Fourth-Quarter_NOV_DRAFT_2016_final.pdf
REPORT OF THE AUDITOR – GENERAL ON THE CONSOLIDATED ANNUAL ACCOUNTS OF GOVERNMENT FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017
China Development Bank's $3 Billion Line of Credit in Ghana: Better than the World Bank?
US$3 BILLION TERM LOAN FACILITY AGREEMENT BETWEEN CHINA DEVELOPMENT BANK (CDB) AND GOVERNEMENT OF GHANA (GOG) – SUMMARY
Majority voice seals $3bn Chinese deal
Debates of 03 December 2018
Report of the Finance Committee
REPORT OF THE AUDITOR-GENERAL THE PUBLIC ACCOUNTS OF GHANA (CONSOLIDATED FUND) FOR THE YEAR ENDED 31 DECEMBER 2014 REPORT OF THE AUDITOR-GENERAL THE PUBLIC ACCOUNTS OF GHANA REPORT OF THE AUDITOR-GENERAL (CONSOLIDATED FUND) FOR THE YEAR ENDED 31 DECEMBER 2014
REPORT OF THE AUDITOR – GENERAL ON THE PUBLIC ACCOUNTS OF GHANA (CONSOLIDATED FUND) FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 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.