Chinese Government provides RMB 60 million interest-free loan for Kiffa Health Center Project (Linked to Project ID #34154, #56843, and #56793)
Commitment amount
$ 11414980.559306381
Adjusted commitment amount
$ 11414980.56
Constant 2021 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Mauritania
Sector
Health (Code: 120)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
According to the Government of Mauritania’s Development Assistance Database (DAD), the Chinese Government and the Government of Mauritania signed an Economic and Technical Cooperation Agreement (ETCA) on December 29, 2010, which committed an RMB 60 million interest-free loan for the Kiffa Health Center Project. Then, on April 12, 2011, the Chinese Government and the Government of Mauritania signed letters of exchange, which committed an additional RMB 60 million grant for the same project. Finally, on January 8, 2013, the Chinese Government provided an additional RMB 100 million grant for the Kiffa Health Center Project as well as the provision of school materials. The RMB 60 million interest-free loan is captured in Project ID#18750. The RMB 60 million grant is captured in Project ID#34154. The RMB 100 million grant is captured in Project ID#56843. The Kiffa Health Center Project involved the construction of a 150-bed medical facility with surgical, pediatric, obstetrics and gynecology, cardiovascular, and other departments. YCIH Installation Co. Ltd. (云南建投安装股份有限公司) was the contractor responsible for implementation. The project commenced on December 24, 2013, and ended on April 15, 2016. The official handover ceremony occurred on June 22, 2016. Upon completion, the Kiffa Health Center reportedly accommodated 200 staff members, including 8 Chinese medical staff.
Additional details
The Chinese project title is 基法医疗中 or 中国援毛基法医疗中心 or 基法卫生中心项目 or 援毛里塔尼亚基法卫生中心. The French project title is Centre Hôpitalier de Kiffa. The Arabic project title is مستشفى كيفة. The RMB 60 million interest-free loan that supported the Kiffa Health Center Project does not appear to be included in the database of Chinese loan commitments that SAIS-CARI released in July 2020. Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20 years by default and grace period to 10 years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20 years, with a drawdown period of 5 years, grace period of 5 years, and repayment over 10 years. AidData treats the drawdown period as providing 5 years of additional grace.
Number of official sources
14
Number of total sources
16
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Mauritania [Government Agency]
Implementing agencies [Type]
YCIH Installation Co Ltd [State-owned Company]
Loan Details
Maturity
20 years
Interest rate
0.0%
Grace period
10 years
Grant element (OECD Grant-Equiv)
71.6021%