Project ID: 31132

China finances the construction of the road from Bene to Zumbo in Mozambique for US$278 million

Pledged amount

$ 326406349.1033849

Adjusted pledged amount

$ 326406349.1033849

Constant 2021 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Mozambique

Sector

Transport and storage (Code: 210)

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

Vague (Official Finance) (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

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2012-01-01

Description

In May 2013, Mozambique News Agency reported that Mozambican president Armando Guebuza had secured financing promises for several road projects during his several visits to China. China financed the construction of the road from Bene to Zumbo for US$278 million. The other road projects signed that day include (1) $300 million USD for road linked to Maputo ring road (#30376), (2) $427 million USD for a road linking the city of Beira to Machipanda (#31066), (3) $196 million USD from Inchope to Caia (#31133), (4) $184 million USD from Cuamba to Marrupa (#31134), (5) $180 million USD from Moamba to Manjacaze (#31135), (6) $139 million USD from Fudzi to Nhamapaza (#31136), (7) $120 million USD from Chimuara to Namacurra (#31137), (8) $118 million USD from Macossa to EN1 highway (#31138).

Number of official sources

0

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Mozambique [Government Agency]

Implementing agencies [Type]

O MCA Group Moçambique [Private Sector]

Loan Details

Bilateral loan

Investment project loan