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Overview

Chinese Government provides RMB 92.64 million interest-free loan for Ministry of Foreign Affairs Office Building Construction Project

Commitments (Constant USD, 2023)$25,994,266
Commitment Year•2001Country of Activity•MozambiqueDirect Recipient Country of Incorporation•MozambiqueSector•Government And Civil SocietyFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2001
Start (actual)
Dec 31, 2001
End (actual)
Sep 10, 2003
First repayment
Dec 30, 2010
Last repayment
Dec 27, 2020

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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The Ministry of Foreign Affairs Office Building is located in Maputo. More detailed locational information can be found at https://www.openstreetmap.org/way/209789005

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

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Mozambique

Implementing agencies

Private Sector

  • Anhui Foreign Economic Construction Group Co., Ltd. (AFECC)

State-owned companies

  • Wuhan Architectural Design Institute

Loan desecription

Chinese Government provides RMB 92.64 million interest-free loan for Ministry of Foreign Affairs Office Building Construction Project

Grace period•10 yearsGrant element•75.0516%Interest rate (t₀)•0%Interest type•Fixed Interest RateMaturity•20 years

Narrative

Full Description

Project narrative

In 2001, the Chinese Government provided an RMB 92.64 million interest-free loan to the Government of Mozambique for the Ministry of Foreign Affairs Office Building Construction Project. This project involved the construction of of five-story office building that is 21.60 meters high. The building includes conference rooms, offices, a library, a reception area, a restaurant, a courtyard, a rooftop terrace, central air conditioning, fire sprinklers, fire alarms, telephone systems, computer systems, and simultaneous interpretation systems. Wuhan Architectural Design Institute was responsible for the design of the project and Anhui Foreign Economic Construction Corporation (AFECC) was responsible fo the implementation of the project. Construction began on December 31, 2001 and ended on September 10, 2003. The project was officially completed and handed over to the authorities in October 28, 2003. Upon completion, China’s Ministry of Commerce inspected the project and judged it to be of “excellent” quality. Then, on June 25, 2004, the President of Mozambique inaugurated the new Ministry of Foreign Affairs Office Building.

Staff comments

1. The Chinese project title is 援莫桑比克外交与合作部办公楼项目. 2. Since the borrowing terms of the interest-free loan are unavailable, AidData has set the maturity 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 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.