Overview

Chinese Government provides interest-free loan for Msoga Primary School Construction Project (Linked to Record ID#14910, #23296, #1522)

Commitments (Constant USD, 2023)$1,176,886

Commitment Year•2006Country of Activity•TanzaniaDirect Recipient Country of Incorporation•TanzaniaSector•EducationFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2006

Start (actual): May 1, 2009

First repayment: Dec 30, 2015

Last repayment: Dec 27, 2025

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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This project provides an interest-free loan for the construction of Msoga Primary School construction. More detailed locational information can be found at https://www.openstreetmap.org/node/10880730683.

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 Tanzania

Implementing agencies

State-owned companies

Beijing Construction Engineering Group Co., Ltd. (BCEG)

Loan desecription

Chinese Government provides interest-free loan for Msoga Primary School 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 a decision made on June 23, 2006, Wen Jiabao announced a commitment to build three primary schools in any villages Tanzania selects; one of which was in Msoga. The total project cost was 5 million RMB and was likely entirely financed by a loan agreement captured in umbrella Record ID#1522. The other two schools are recorded in projects #14910 and #23296. Beijing Construction Engineering Group built this primary school in President Kikwete's home town of Msoga. It was intended to serve 300 students. The third school is being built on the west coast of Zanzibar. Construction on this primary school started in 2009, but the current status of this project is unknown.

Staff comments

1. The borrowing terms of the loan are unknown. For the time being, AidData assumes that MOFCOM's standard borrowing terms for interest-free loans (20-year maturity, 10-year grace period) apply.