Project ID: 1288

China pledges to give Namibia a soft loan for low-cost housing

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]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Namibia

Sector

Other social infrastructure and services (Code: 160)

Flow type

Loan

Level of public liability

Unallocable

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

2005-07-07

Description

On July 7th, 2005, China announced its intention to give Namibia a soft loan to be used to low-cost housing the the African country. It appears that the loan may have been worth N$57 million, but it is unclear if the source is talking about the same project. It is unclear if the housing was constructed. This pledge could be linked to Project #62070 and/or #62071.

Number of official sources

0

Number of total sources

2

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Details

Cofinanced

No

Loan Details

Bilateral loan