China Eximbank pledges loan for Dili Airport Rehabilitation Project

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Timor-Leste
Country	Timor-Leste
Start Date	Jun 09, 2015
End Date	Jan 07, 2027
Duration	4,230 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`85849`

Grant Description

China Eximbank pledges loan for Dili Airport Rehabilitation Project On June 9, 2015, the Government of Timor-Leste’s Council for Administration of Infrastructure Fund (CAFI) provided in principle approval for a project to rehabilitate the Dili airport with support from a China Eximbank loan. However, there is no evidence that a loan agreement was ever finalized.

📋 Staff Comments

As of 2019, the Asian Development Bank (ADB) has completed a 'Preliminary Assessment for Dili Airport Runway Upgrading Project' (See https://www.adb.org/sites/default/files/project-documents/52320/52320-001-tcr-en.pdf) which does not mention China or China Exim Bank as a possible source of financing.

📚 Sources & References

COUNCIL FOR ADMINISTRATION OF THE INFRASTRUCTURE FUND 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.