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Overview

Chinese Government provides RMB 12.42 million interest-free loan for Praia Central Hospital Laundry Room Project (Linked to ETCA ID#72610)

Commitments (Constant USD, 2023)$2,088,564
Commitment Year2013Country of ActivityCabo VerdeDirect Recipient Country of IncorporationCabo VerdeSectorHealthFlow TypeLoan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Nov 4, 2013
Start (actual)
Oct 18, 2016
End (actual)
Mar 2, 2018

Geospatial footprint

Map overview

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This project involved the construction of a laundry room at Agostinho Neto Hospital (HAN or Praia Central Hospital). More detailed locational information can be found at https://www.openstreetmap.org/way/194252475

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

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of Cabo Verde

Implementing agencies

Government Agencies

  • Hospital Agostinho Neto (HAN)

State-owned companies

  • China Jiangsu Construction Engineering Corporation

Loan desecription

Chinese Government provides RMB 12.42 million interest-free loan for Praia Central Hospital Laundry Room Project

Interest rate (t₀)0%Interest typeFixed Interest Rate

Narrative

Full Description

Project narrative

On November 4, 2013, the Chinese Government and the Government of Cape Verde signed an Economic and Technical Cooperation Agreement (ETCA), which committed an RMB 50 million interest-free loan for multiple projects (see Record ID#72610). The Government of Cape Verde used RMB 12.42 million (CVE 146 million) of the proceeds from this loan to finance the Praia Central Hospital Laundry Room Project. Then, in February 2015, the two government signed an exchange of notes on the Praia Central Hospital Laundry Room Project. This project involved the construction of a laundry room at Agostinho Neto Hospital (HAN or Praia Central Hospital or 普拉亚中心医院). It also involved the installation of a pump house, diesel generator, drying room, a gate, and walls. The laundry room (“lavandaria”) washes clothes for the hospital and other facilities on the island of Santiago. On December 17, 2015, Cape Verde's Ministry of Health and China National Trade Engineering Design and Research Institute signed a design contract for the project. Then, on June 28, 2016, Chinese and Cape Verdean government officials signed an implementation agreement for the project with Jiangsu Construction Engineering Group as the contractor. A groundbreaking ceremony took place on October 18, 2016, and works were originally scheduled for completion in July 2017. The laundry room was officially opened on March 2, 2018.

Staff comments

1. The Portuguese project title is Lavandaria do Hospital Agostinho Neto. 2. The loan that supported this project is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.