Chinese Government provides $12.4 million USD for Drinking Water Equipment Project
Commitment amount
$ 28242886.31139429
Adjusted commitment amount
$ 28242886.31
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Sudan
Sector
Water supply and sanitation (Code: 140)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
In March 2004, the Chinese Government and the Government of Sudan signed a $12.4 million USD loan agreement for a Drinking Water Equipment Project. This project facilitated the acquisition of drinking water equipment from Boshan Pump Industry Co., Ltd. (also known as Shandong Sure Boshan Pump Industry Co., Ltd.). The terms of the loan and the Chinese entity that offered it are uncertain, as are the specific details of the project.
Additional details
Sudan’s Ministry of International Cooperation records the face value of the loan as $12.4 million. Chr. Michelsen Institute (CMI) source records the face value of the loan as $20.5 million. AidData relies on the more conservative of the two estimates for the time being. Boshan Pump Industry Co., Ltd. is referred to as 'Ushan Company' in the CMI resource. This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.
Number of official sources
1
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Sudan [Government Agency]
Implementing agencies [Type]
Boshan Pump Industry Co., Ltd. [State-owned Company]
Sudan Ministry of Water Resources, Irrigation and Electricity [Government Agency]