Project ID: 248

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

Commitment amount

$ 70532583.86245984

Adjusted commitment amount

$ 70532583.86

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Sudan

Sector

Water supply and sanitation (Code: 140)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2005-04-17

Planned complete

2009-12-31

Geography

Description

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.

Additional details

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 Project 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.

Number of official sources

9

Number of total sources

11

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Sudan [Government Agency]

Implementing agencies [Type]

China National Construction & Agricultural Machinery Import & Export Corporation (CAMC) [State-owned Company]

Sudan Public Water Corporation (PWC) [State-owned Company]

Sudan Ministry of Water Resources, Irrigation and Electricity [Government Agency]

Loan Details

Maturity

6 years

Interest rate

4.0%

Grace period

2 years

Grant element (OECD Grant-Equiv)

15.6736%

Bilateral loan

Investment project loan