China Eximbank provides $67.17 million USD loan for Gedarif Water Supply System Project (Linked to #248)

In 2005, China Eximbank and the Government of Sudan signed a $67.17 million USD loan agreement for the Gedarif Water Supply System Project. The loan terms are as follows: 6-year maturity, 2-year grace period, and 4% interest rate (See: Chinese Loans to Africa Database). The loan was supposedly disbursed in three increments: $20 million USD in 2007, $35 million USD in 2008, and $12 million USD in 2009 (See: 'External Debts, Growth and Peace in the Sudan Some Serious Challenges Facing the Country in the Post-Conflict Era,' p. 51, 74). This project involved the construction of a water supply system in Gedarif State (القضارف). The proceeds of this loan were supposed to be used to finance a commercial contract signed 13 April 2005 between China CAMC Engineering Co., Ltd. (CAMCE) and the Public Water Corporation of Sudan. This contract with CAMCE was apparently cancelled because China International Water & Electric Corporation (CWE) signed a commercial contract on 9 October 2013 for the Gedarif Water Supply System Project. As of 28 July 2016, works were on-going. It is unclear whether this project ever reached completion. On the same day that CAMCE signed the commercial contract for the Gedarif Water Supply Project, it also signed a commercial contract for the El-Fashir Water Supply System Project (See: Project ID#248). According to one World Bank source, the total combined project cost of the El-Fashir Water Supply System Project and the Gedarif Water Supply Project was $100 million USD.

Additional details

This project is also known as the Jadarif Water Supply Project and the Gadarif Water Supply Project. The Chinese project title is 苏丹加达里夫供水项目 or 加达里夫供水项目.

Number of official sources

11

Number of unofficial sources

2