Project ID: 31210

China to extend loan to South Sudan for infrastructure and industry (linked to #33786)

Not recommended for aggregates

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

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

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 year

2013

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

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Details

Cofinanced

No

Receiving agencies [Type]

Government of Sudan [Government Agency]

Loan type

No Information

Gurarantee provided

No

Insurance provided

No