China finances US$198 million for the construction of road from Inchope to Caia
Pledged amount
$ 221095164.22920766
Adjusted pledged amount
$ 221095164.22920766
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
Project lifecycle
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 Inchope to Cala for US$198 million. It appears that either the project is delayed or has yet to begin, as reports say that the road from Inchope to Caia remains in poor condition. 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) $278 million USD Bene to Zumbo (#31132), (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), and (8) $118 million USD from Macossa to EN1 highway (#31138).
Number of official sources
0
Number of total sources
4
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Mozambique [Government Agency]
Implementing agencies [Type]
O MCA Group Moçambique [Private Sector]