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

On 17 April 2005, China Eximbank and the Government of Sudan signed a $32.5 million USD loan agreement for the El-Fashir Water Supply System Project. This loan carried the following terms: 6-year maturity, 2-year grace period, and 4% interest rate (See: Chinese Loans to Africa Database). The proceeds of this loan were used to finance a commercial contract signed 13 April 2005 between China CAMC Engineering Co., Ltd. (CAMCE) and the Public Water Corporation of Sudan. This 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.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.

Additional details

The Chinese project title is 苏丹法希尔供水项目 or 法希尔(FASHIR)供水项目.

Number of official sources

9

Number of unofficial sources

2