Overview

Chinese Government pledges soft loan to Namibia for low-cost housing

Commitment Year•2005Country of Activity•NamibiaDirect Recipient Country of Incorporation•NamibiaSector•Other Social Infrastructure And ServicesFlow Type•Loan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jul 7, 2005

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Namibia

Loan desecription

Chinese Government pledges soft loan to Namibia for low-cost housing

Interest type•Unknown

Narrative

Full Description

Project narrative

On July 7, 2005, the Chinese Government announced its intention to provide Namibia with a soft loan to be used for low-cost housing in the African country. It appears that the loan may have been worth N$57 million, but it is unclear if the source is referring to the same record. It is also unclear whether the housing was ever constructed. This pledge could be linked to record #62070 and/or #62071.