MOFCOM provides RMB 50 million interest-free loan — via ETCA — for Douala Gyneco-Obstetric and Pediatric Hospital Construction Project (Linked to Project ID#59618, #58705, #22839)

On January 31, 2007, China's Ministry of Commerce (MOFCOM) and Cameroon's Ministry of Public Health signed an RMB 30,000,000 loan agreement for the Douala Gyneco-Obstetric and Pediatric Hospital Construction and Equipping Project. The loan, which is captured via Project ID#58705, carried the following borrowing terms: a 21 year maturity, a 7 year grace period, and a 0% interest rate. As of December 31, 2020, this loan had achieved a 100% disbursement rate and its outstanding amount was zero. Then, on August 3, 2009, the Chinese Government provided a grant worth RMB 50 million to the Government of Cameroon for the Douala Gyneco-Obstetric and Pediatric Hospital Construction and Equipping Project (captured via Project ID#59618). Several months later, on November 5, 2009, China's Ministry of Commerce (MOFCOM) issued the Government of Cameroon a RMB 50 million loan — through an Economic and Technical Cooperation Agreement (ETCA) — for the Douala Gyneco-Obstetric and Pediatric Hospital Construction and Equipping Project. The loan, which is captured via Project ID#314, carried the following borrowing terms: a 20 year maturity, a 10 year grace period, and a 0% interest rate. As of December 31, 2020, this loan had achieved a 100% disbursement rate and its outstanding amount was zero. The purpose of the project was to construct and equip the Douala Gyneco-Obstetric and Pediatric Hospital (Projet de construction et d’équipement de l’hôpital gynéco-obstétrique et pédiatrique de Douala, or HGOPD). Shanxi Construction Engineering was the contractor responsible for project implementation. Construction began in October 2009 and the the hospital was handed to the Cameroonian authorities on November 17, 2015.

Additional details

1. The Chinese name of this project is 杜阿拉妇儿医院. The French project title is Projet de construction et d’équipement de l’hôpital gynéco-obstétrique et pédiatrique de Douala. 2. The ETCA can be accessed in its entirety via SourceID#69304 or https://www.documentcloud.org/documents/20485361-cmr_2009_108. 3. MOFCOM is the funder but the interest-free proceeds were to be disbursed through a CDB account established with a host country bank. 4. The project ID number for this transaction in Cameroon's Development Assistance Database (DAD) is CAM/000669. 5. In February 2007, the Chinese Government pledged the provision of expertise on studies for the construction of the Gynaeco-Obstetrics and Paediatric Hospital of Douala worth FCFA 44,800,000 (see Project ID#22839).

Number of official sources

17

Number of total sources

28