Overview

China Eximbank provides RMB 50 million government concessional loan for Irrigation Dam Construction Project (Linked to Umbrella Record ID#56599)

Commitments (Constant USD, 2023)$13,945,753

Commitment Year•2002Country of Activity•MoroccoDirect Recipient Country of Incorporation•MoroccoSector•Water Supply And SanitationFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Oct 1, 2002

Geospatial footprint

Map overview

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In October 2002, the Export-Import Bank of China (China Eximbank) and the Government of Morocco signed an RMB 50 million government concessional loan (GCL) agreement for an Irrigation Dam Construction Project. The purpose of the project was to build three small irrigation dams: one in the city of Ifrane; one in the city of Chefchaouen; and one in the city Al-Hoceima. For more detailed location information: Ifrane: https://www.openstreetmap.org/relation/2819511 Chefchaouen: https://www.openstreetmap.org/relation/4666456#map=18/35.16373/-5.26751 and Al Hoceima: https://www.openstreetmap.org/relation/2431058

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

State-owned Policy Banks

Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

Government of Morocco

Loan description

China Eximbank provides RMB 50 million government concessional loan for Irrigation Dam Construction Project

Interest type•Unknown

Narrative

Full Description

Project narrative

In October 2002, the Export-Import Bank of China (China Eximbank) and the Government of Morocco signed an RMB 50 million government concessional loan (GCL) agreement for an Irrigation Dam Construction Project. The borrowing terms of the GCL are unknown. The purpose of the project was to build three small irrigation dams: one in the city of Ifrane; one in the city of Chefchaouen; and one in the city Al-Hoceima. It is not clear if this project was ever implemented. The China Eximbank loan was reportedly part of a larger Chinese Government pledge to provide RMB 130 million in support of these three dams (see Record ID#56599).

Staff comments

1. The Chinese project title is 建设三个小型水坝的 or 在伊夫兰、沙温和侯赛马建设三个小型水坝的. The French project title is la construction de petits barrages.