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Overview

China Eximbank provides $32.5 million loan for El-Fashir Water Supply System Project (Linked to Record ID#21570)

Commitments (Constant USD, 2023)$65,140,742
Commitment Year•2005Country 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
Apr 17, 2005
End (planned)
Dec 31, 2009
First repayment
Jan 1, 2007
Last repayment
Dec 31, 2010

Geospatial footprint

Map overview

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This project involved the construction of a water supply system in the city of El Fashir (الفاشر), which is the capital of Northern Darfur State. More detailed locational information can be found at https://www.openstreetmap.org/node/300074306.

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

Government Agencies

  • Sudan Ministry of Water Resources, Irrigation and Electricity

State-owned companies

  • China National Construction & Agricultural Machinery Import & Export Corporation (CAMC)
  • Sudan Public Water Corporation (PWC)

Loan desecription

China Eximbank provides $32.5 million loan for El-Fashir Water Supply System Project

Grace period•2 yearsGrant element•18.4039%Interest rate (t₀)•4%Interest type•Fixed Interest RateMaturity•6 years

Narrative

Full Description

Project narrative

On April 17, 2005, China Eximbank and the Government of Sudan signed a $32.5 million loan agreement for the El-Fashir Water Supply System Project. This loan carried the following borrowing terms: a 6-year maturity, a 2-year grace period, and a 4% interest rate. The proceeds of the loan were used to finance a commercial contract signed by China CAMC Engineering Co., Ltd. (CAMCE) and the Public Water Corporation of Sudan on April 13, 2005. The project involved the construction of a water supply system in the city of El Fashir (الفاشر), the capital of Northern Darfur State. The project was last known to be in the implementation phase, and it was expected to reach completion by 2009; however, the current implementation status and actual start and end dates of the project are unknown.

Staff comments

1. The Chinese project title is 苏丹法希尔供水项目 or 法希尔(FASHIR)供水项目. 2. On the same day that CAMCE signed a commercial contract for the El-Fashir Water Supply System Project, it also signed a commercial contract for the Gedarif Water Supply Project (see Record ID#21570). 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.