Overview

China Eximbank provides $28.9 million USD loan for Wad Medani Water Treatment Plant Project (Linked to Record ID#56605)

Commitments (Constant USD, 2023)$54,231,315

Commitment Year•2006Country of Activity•SudanDirect Recipient Country of Incorporation•SudanSector•Water Supply And SanitationFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2006

First repayment: Dec 31, 2008

Last repayment: Dec 30, 2015

Geospatial footprint

Map overview

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This water treatment plant is located in the city of Wad Medani ( ودمدني‎ Wad Madanī), which is the capital of the Gezira (Al Jazirah) State in east-central Sudan. More detailed locational information can be found at https://www.openstreetmap.org/way/585752244

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 Sudan

Implementing agencies

State-owned companies

China National Construction & Agricultural Machinery Import & Export Corporation (CAMC)

Loan desecription

China Eximbank provides $28.9 million USD loan for Wad Medani Water Treatment Plant Project

Grace period•3 yearsGrant element•26.5793%Interest rate (t₀)•4%Interest type•Fixed Interest RateMaturity•10 years

Narrative

Full Description

Project narrative

On 5 April 2006, China Eximbank and the Government of Sudan signed a $28.9 million USD loan agreement for the Wad Medani Water Treatment Project. This loan carried the following terms: 4% interest rate, 3-year grace period, 10-year maturity, and 11% insurance premium. The proceeds from this loan were used to finance a commercial contract signed 6 April 2006 between CAMC and Sudan State Water Company for the construction of the Wad Medani 100,000-ton Water Treatment Plant. The project is located in the city of Wad Medani ( ودمدني‎ Wad Madanī), which is the capital of the Al Jazirah state in east-central Sudan. This project has reportedly reached implementation but the precise project start and end dates are unknown. This is the first water supply project in Gezira (or Al Jazirah) State. The second project is captured in Record ID#56605.