Project ID: 2009

China funds construction of cement factory (linked to #57517)

Commitment amount

$ 75100502.4137396

Adjusted commitment amount

$ 75100502.41

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Rwanda

Sector

Industry, mining, construction (Code: 320)

Flow type

Grant

Infrastructure

Yes

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-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

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2009-01-01

Description

On January 14, 2009, Rwandan President Paul Kagame and Chinese Foreign Minister Yang Jiechi agreed for China to fund the construction and operationlization of the cement factory (CIMERWA) at Bugarama, Rwanda. Chinese company, Pengfei Group Co. Ltd oversaw the construction of the plant. As of October 2010, 30% of the price of the plant had been paid and construction had begun. The Chinese contribution to the plant, the current status, and the start and end dates are unknown. This financing was likely signed through an ETCA on the same date (captured in #57517).

Number of official sources

2

Number of total sources

5

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Details

Cofinanced

No

Implementing agencies [Type]

Jiangsu Pengfei Group Co., Ltd. [State-owned Company]