China Eximbank provides RMB 150 million loan for Sino-Malian Cement Plant Construction Project
Commitment amount
$ 46502250.10860765
Adjusted commitment amount
$ 46502250.11
Constant 2021 USD
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Mali
Sector
Industry, mining, construction (Code: 320)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
On March 21, 2000, China Eximbank and the Government of Mali reportedly signed an RMB 150 million concessional loan agreement for the Sino-Malian Cement Plant Construction Project. This project involved the construction of a cement plant with an annual production capacity of 230,600 tons. China Overseas Engineering Corp. (COVEC) was the contractor responsible for implementation. However, AidData has not yet identified any evidence that this project was ever implemented.
Additional details
1. The Chinese project title is 的马里水泥厂项目 or 款马里水泥厂项目 or 兴建一个年产23.06万吨的水泥厂项目. 2. One source (https://www.on-mali.org/joomlaa/__GED/pdf/audit_de_la_dette.pdf) reports that the loan agreement was finalized on October 13, 1999.
Number of official sources
4
Number of total sources
8
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Mali [Government Agency]
Implementing agencies [Type]
China Overseas Engineering Group Co., Ltd. [State-owned Company]
Government of Mali [Government Agency]