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

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