Overview

China Eximbank provides $26.5 million USD loan for Al-Matama and Abu-Hamad Water Supply Project

Commitments (Constant USD, 2023)$49,727,676

Commitment Year•2006Country of Activity•SudanDirect Recipient Country of Incorporation•SudanSector•Water Supply And SanitationFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Mar 31, 2006

First repayment (originally scheduled): Dec 31, 2008

Last repayment (originally scheduled): Dec 30, 2015

Geospatial footprint

Map overview

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This project involved the provision of potable water to the city of Al-Matama (مطمّة;المتمّ;المتمّة) and the town of Abu-Hamad (أبو حمد). More detailed locational information can be found at https://www.openstreetmap.org/way/293556390 and https://www.openstreetmap.org/relation/4668059.

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

Government of Sudan

Implementing agencies

Government Agencies

Sudan Ministry of Water Resources, Irrigation and Electricity

Loan description

China Eximbank provides $26.5 million USD loan for Al-Matama and Abu-Hamad Water Supply Project

Grace period•3 yearsGrant element•26.5793%Interest rate (t₀)•4%Interest type•Fixed Interest RateMaturity•10 years

Narrative

Full Description

Project narrative

On 31 March 2006, China Eximbank and the Government of Sudan signed a $26.5 million USD loan agreement for the Al-Matama and Abu-Hamad Water Supply Project. The loan terms are as follows: 4% interest rate, 10-year maturity, 3-year grace period, and a 3% insurance premium. This project involved the provision of potable water to the city of Al-Matama (مطمّة;المتمّ;المتمّة) and the town of Abu-Hamad (أبو حمد). The Chinese contractor responsible for project implementation is unclear. It reportedly reached the implementation stage; however, the exact start and end dates are unknown. Also on 31 March 2006, Chinese and Sudanese officials signed a $34.1 million USD loan agreement for the Dongola Water Supply Project (See Record ID#47049).

Staff comments

This project is also known as the Matama-Abu Hamed-El Daba Water Supply Project.