Chinese Government provides $12.1 million USD loan for Phase I of Khartoum State Electricity Facilities Rehabilitation Project (Linked to Record ID#47205, #57982)

Project narrative

In 2002, the Chinese Government and the Government of Sudan signed a $12.1 million USD loan agreement for Phase I of Khartoum State Electricity Facilities Rehabilitation Project. According to the Bank of Sudan Annual Report 2002, the loan carried a 3% interest rate, 5-year grace period, and 20-year maturity (PDF p. 100). In 2002, Sudan drew down $1.8 million USD of this loan, $1.2 million in 2003, and $6.6 million USD in 2004. This project involved the rehabilitation of Khartoum State Electricity facilities. China National Electric Engineering Co., Ltd. (中国电力工程有限公司) was the contractor responsible for implementation. This project was completed, but the precise project start and end dates are unknown. Also in 2002, China provided a $38.6 million USD loan for equipment to support Phase I of this project (see Record ID#57982). Moreover, China provided a $19.5 million USD grant for Phase II (see Record ID#47205).