China Eximbank provides $120 million USD buyer’s credit for 157 km Zalingei-El Geneinah Road Construction Project (Linked to Umbrellas #54079, #57039)

On 29 July 2008, China Eximbank and the Government of Sudan signed a $3 billion USD oil-backed master framework agreement (or line of credit) to finance various infrastructure projects (see Umbrella Project ID#57039). This resources-credit cooperation package is backed by future revenues from the sale of oil exports. Each subsidiary buyer’s credit loan (BCL) issued through the framework agreement carries a 15-year maturity and 5.6% interest rate.One of the subsidiary loans approved through this agreement in 2009 was a $120 million USD BCL for the 157 km Zalingei-El Geneinah Road Construction Project (See: Chinese Loans to Africa Database). The proceeds from this BCL were used to finance a commercial contract with China Geo-Engineering Corporation (CGC) which was signed in December 2008. This project involved the construction of a two-lane, 175 km highway from city of Zalingei (or Zalengi, Zalingie, Zalenji, or زلنج) in Central Darfur State to El Geneinah (or Al Junaynah, El Geneina, or الجنينة) in Western Darfur State. Construction commenced in January 2010. This project was completed on or around 20 October 2014.The 157 km Zalingei-El Geneinah Road is part of a larger, $650 million USD Western Salvation Highway, which links Khartoum to Western states in Darfur (see Umbrella Project ID#54079). The other roads that make up the Western Salvation Highway include Projects ID#1050, ID#1051, ID#1053, and ID#1059.

Additional details

The Chinese project title is 扎林盖-朱耐那157公里公路工程.

Number of official sources

7

Number of unofficial sources

2