China Eximbank provides RMB 50 million loan for Northern Tannery and Leather Project
Constant 2017 USD
Funding agency [Type]
Export-Import Bank of China [State-owned Policy Bank]
Industry, mining, construction (Code: 320)
In March 2000, China Eximbank and the Government of Namibia signed an RMB 50 million loan for the Northern Tannery and Leather Project. The loan carried an 8 year maturity at a 4% interest rate. The Northern Tannery and Leather Project involved the construction of a modern tannery in Ondangwa in the north of Namibia. China Nanjing International Namibian Construction was the contractor responsible for implementation of the project. Construction began in 2000 and the facility was completed in April 2002. It was shut down in 2007. Then, after a series of attempted revivals, the facility reopened in 2016. The Chinese project title is 建的纳米比亚北方制革厂项目 or 中纳合作项目——北方制革.
This project is also known as the Northern Tannery and Leather Manufacturing Project. The loan that supported this project is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Government of Namibia [Government Agency]
Implementing agencies [Type]
China Nanjing International Ltd. [State-owned Company]