Project ID: 37803

China Dongxing International Property Co., Ltd builds road for Tanzania

Commitment amount

$ 332128.56942254654

Adjusted commitment amount

$ 332128.57

Constant 2021 USD

Summary

Funding agency [Type]

China Dongxing Real Estate Company [State-owned Company]

Recipient

Tanzania

Sector

Transport and storage (Code: 210)

Flow type

Grant

Infrastructure

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

2014-04-01

Actual start

2014-11-18

Geography

Description

At a ceremony in April 2014, Dongxing International Real Estate Limited committed to donating a 500 meter long road on the Msasani Beach in Dar es Salaam, Tanzania at a cost of USD $300,000. Dongxing was planning to rehabilitate the 500 meter piece of road near Mikocheni - Tanesco offices, opposite the Engen petrol station leading to their project site. The area of the project is 7930 square meters; construction area; 20,220 square meters and each story's height is 3 meters with plenty of parking space. Dongxing International Real Estate Limited is a wholly owned subsidiary of state-owned China Orient Asset Management Corporation. On November 18, 2014, the groundbreaking ceremony of China Dongxing International Real Estate Co., Ltd. for the construction of the road in the Kenodono district of Dar es Salaam was held. The current status of the project is uncertain.

Number of official sources

1

Number of total sources

4

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Tanzania [Government Agency]