Project ID: 33786

Chinese Government provided $43 million grant to conduct South Sudan's geological survey (Linked to Project ID #31210)

Commitment amount

$ 41781460.42

Constant 2017 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

South Sudan

Sector

Industry, mining, construction (Code: 320)

Flow type

Grant

Concessional

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (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

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2013

2013-09-09

Planned implementation start

Description

On September 9, 2013, it was reported that the Chinese Government would provide a $43 million grant to conduct South Sudan's first geological survey. The funds from this grant were expected to arrive in South Sudan by the end of September 2013. The study will help to determine South Sudan's mining riches and also assist South Sudan in providing mining licenses as it looks at extracting gold and other metals, including copper and iron ore.The geological surveys that were conducted in the 1970s and 1980s suggest that South Sudan may have rich deposits of gold, copper and uranium. However, since those surveys were conducted, South Sudan's mineral resources have remained untapped due to the ongoing civil war. As of December 2019, the president of China Mineral Resources Group Co. Ltd, Wang Pingwei, visited Juba and met the country’s finance minister Salvatore Garang, petroleum minister Awou Chuang and held in-depth discussions and negotiations on the national geological survey project in South Sudan. This project is linked to project #31210.

Number of official sources

0

Number of unofficial sources

10

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Details

Cofinanced

No

Receiving agencies [Type]

South Sudan Ministry of Petroleum and Mining [Government Agency]