Chinese Government provides $23.5 million grant to Tanzania-Zambia Railway Authority (Linked to Project ID#59574)
Commitment amount
$ 23934860.27
Constant 2017 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Africa, regional
Sector
Transport and storage (Code: 210)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Geography
Description
In March 2012, China committed $66.2 million USD in aid under the 15th Protocol of Economic and Technical Cooperation to help pay for the rehabilitation of the Tanzania-Zambia Railway Authority (TAZARA) rail lines. The agreement provided a grant of $23.5 million (K123 billion) for the rehabilitation of the railway line and infrastructure. On May 15, 2014, a contract for the supply 18 passenger coaches and 4 locomotives was signed in Dar es Salaam between the Tanzania-Zambia Railway Authority (TAZARA) and the Chinese Civil Engineering and Construction Company (CCECC). By November 10, 2015 TAZARA received four new diesel-electric mainline locomotives and 18 new passenger coaches valued at US$22.4 million from the Chinese government.China also provided a $42.6 million (K223 billion or 270 million RMB) interest-free loan to revive the operations (ID #59574). The agreements were officially signed at a tripartite meeting in March between the Governments of Tanzania, Zambia, and China. They also commissioned a one-year feasibility study beginning in June to determine the types of rehabilitation needed at the meeting.
Number of official sources
0
Number of unofficial sources
4
Details
Cofinanced
No
Receiving agencies [Type]
Tanzania-Zambia Railway Authority (TAZARA) [Intergovernmental Organization]
Implementing agencies [Type]
China Civil Engineering Construction Corporation (CCECC) [State-owned Company]; Tanzania-Zambia Railway Authority (TAZARA) [Intergovernmental Organization]