Project ID: 1265

Chinese Government provides $12.2 million loan for Moi International Sports Centre Refurbishment Project (Linked to Project ID #60195)

Commitment amount

$ 17081589.033663653

Adjusted commitment amount

$ 17081589.03

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Kenya

Sector

Other social infrastructure and services (Code: 160)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2010-08-02

Actual start

2009-12-24

Planned complete

2010-12-23

Actual complete

2012-06-02

NOTE: Red circles denote delays between planned and actual dates

Geography

Description

On August 2, 2010, the Chinese Government provided a $12,264,851.49 loan to the Kenyan Government for the refurbishment of the Moi International Sports Centre in Kasarani, a suburb of Nairobi. An Exchange of Letters for Maintenance of the Moi International Sport Center was signed during H.E. President Hu Jintao’s visit to Kenya in April 2006. Sheng-Li Engineering Construction Company Ltd. ((胜利油田胜建集团) was the contractor. The project's original timeline was for construction to last 12 months from December 24, 2009, to December 23, 2010, but Sheng-Li Engineering Construction Company Ltd. extended work until June 2012. The stadium was closed in January 2010 for renovation works. On June 2, 2012, the Moi International Sports Centre reopened.

Additional details

1. This project is also known as Phase 2 of the Moi International Sports Centre Renovation Project. The Chinese project title is 我援肯莫伊国际体育中心二期维修项目 or 肯莫伊国际体育中心二期维修项目. 2. A $2,739,876 grant was provided by China's Ministry of Commerce in August 2010 for the same project (as captured via Project ID#60195). 3. AidData assumes that the loan that was issued was an interest-free loan from MOFCOM since the loan was issued alongside a MOFCOM grant. 4. The Moi International Sports Centre was originally built with RMB 200 million in grant funding from the Chinese government for the All Africa Games in 1987.

Number of official sources

5

Number of total sources

13

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Kenya [Government Agency]

Implementing agencies [Type]

Sinopec Petroleum Engineering & Construction Shengli Corporation [State-owned Company]

Kenyan Ministry of Sports, Arts, and Culture [Government Agency]

Loan Details

Interest rate

0.0%

Bilateral loan

Interest-free loan

Investment project loan