Project ID: 47049

China Eximbank provides $34.1 million USD loan for Dongola Water Supply Project

Commitment amount

$ 69289463.80725358

Adjusted commitment amount

$ 69289463.81

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Sudan

Sector

Water supply and sanitation (Code: 140)

Flow type

Loan

Level of public liability

Central government debt

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

2006-03-31

Geography

Description

On 31 March 2006, China Eximbank and the Government of Sudan signed a $34.1 million USD loan agreement for the Dongola Water Supply Project. The loan terms are as follows: 4% interest rate, 10-year maturity, 3-year grace period, and a 3% insurance premium. According to a document titled "African Engagements: Africa Negotiating an Emerging Multipolar World," $10.2 million USD was disbursed in 2007, $17 million USD in 2008, and $6.8 million USD in 2009. This project involved the provision of potable water to the city of Dongola. The Chinese contractor responsible for project implementation is unclear. The exact start and end dates are unknown. Also on 31 March 2006, Chinese and Sudanese officials signed a $26.5 million USD loan agreement for the Matama-Abu Hamed-El Daba Water Supply Project (See: Project ID#47054).

Additional details

Several sources refer to ’Dongla’, which is almost certainly a a misspelling of ‘Dongola’.

Number of official sources

6

Number of total sources

8

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Sudan [Government Agency]

Implementing agencies [Type]

Sudan Ministry of Water Resources, Irrigation and Electricity [Government Agency]

Loan Details

Maturity

10 years

Interest rate

4.0%

Grace period

3 years

Grant element (OECD Grant-Equiv)

22.8641%

Bilateral loan

Investment project loan