China to extend loan to South Sudan for infrastructure and industry (linked to #33786)
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Umbrella project
This project is classified as an "umbrella" project, and is connected to related projects.
Summary
Funding agency [Type]
Export-Import Bank of China [State-owned Policy Bank]
Recipient
South Sudan
Sector
Other multisector (Code: 430)
Flow type
Loan
Concessional
Vague
Category
Project lifecycle
Description
On September 9th, 2013, China decided to give South Sudan's mining sector a boost by lending between $1 billion USD and $2 billion USD for use in infrastructure projects, the mining industry, and agricultural projects. Together, the two countries will conduct South Sudan's first geological survey, funded by a Chinese loan worth $43 million USD (see Project ID#33786).
Number of official sources
0
Number of unofficial sources
6
Details
Cofinanced
No
Receiving agencies [Type]
Government of Sudan [Government Agency]
Loan type
No Information
Gurarantee provided
No
Insurance provided
No