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Overview

Chinese Government provides RMB 80 million interest-free loan for Orotta Referral Hospital Construction Project (Linked to Record ID#30533)

Commitments (Constant USD, 2023)$22,907,065
Commitment Year2000Country of ActivityEritreaDirect Recipient Country of IncorporationEritreaSectorHealthFlow TypeLoan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2000
Start (actual)
Oct 1, 2000
End (actual)
May 31, 2003
First repayment
Dec 29, 2009
Last repayment
Dec 27, 2019

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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The Orotta Referral Hospital, which is also known as Mekane Hiwot Hospital or مستشفى ميكان هيوت, is located in the city of Asmara. More detailed locational information can be found at https://www.openstreetmap.org/way/321473784

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

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Eritrea

Implementing agencies

Government Agencies

  • Eritrea Ministry of Health

State-owned companies

  • China Tianjin International Economic and Technical Cooperation Group Corporation

Loan desecription

Chinese Government provides RMB 80 million interest-free loan for Orotta Referral Hospital Construction Project

Grace period10 yearsGrant element75.0516%Interest rate (t₀)0%Interest typeFixed Interest RateMaturity20 years

Narrative

Full Description

Project narrative

In 2000, the Chinese Government provided an RMB 80 million (equal to about $10 million) interest-free loan to the Government of Eritrea for the Orotta Referral Hospital Construction Project. This project involved the construction of a 200-bed hospital in the capital city of Asmara in an area that occupies 10,000 square meters. About 100 Chinese workers were employed to support this project. China Tianjin International Economic and Technical Cooperation Group Corporation was the implementing contractor. Construction began in October 2000 and the project was officially handed over to the Eritrean authorities on May 31, 2003. In 2009, the Chinese Government provided a $5 million grant for the renovation and expansion of this hospital (see Record ID#30533).

Staff comments

The Chinese project title is 奥罗特医院 or 奥特罗医院 or 援厄特奥罗特医院项目. Orotta Referral Hospital is also known as Mekane Hiwot Hospital or مستشفى ميكان هيوت. Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20 years by default and grace period to 10 years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20 years, with a drawdown period of 5 years, grace period of 5 years, and repayment over 10 years. AidData treats the drawdown period as providing 5 years of additional grace.