Project ID: 1184

China Eximbank pledges $40 million USD for Mozambican Public Infrastructure (linked to #33903)

Pledged amount

$ 62457404.05

Constant 2017 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Summary

Funding agency [Type]

Export-Import Bank of China [State-owned Policy Bank]

Recipient

Mozambique

Sector

Other social infrastructure and services (Code: 160)

Flow type

Loan

Concessional

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2007

Description

In February 2007, President Hu Jintao on a state visit to Mozambique announced after discussions with Mozambican President Armando Guebuza that China EximBank will provide a $40 million USD soft loan for Mozambican public infrastructure.During the same visit, President Hu Jintao also announced the cancellation of all of Mozambique’s debt to China, a total of RMB 294 million (see linked ProjectID#33903).

Number of official sources

1

Number of unofficial sources

3

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Mozambique [Government Agency]

Loan type

Concessional

Gurarantee provided

No

Insurance provided

No