China Eximbank pledges loan for Tamboul Sugar Factory Project
Pledged amount
$ 36698904.52520389
Adjusted pledged amount
$ 36698904.52520389
Constant 2021 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Sudan
Sector
Agriculture, forestry, fishing (Code: 310)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
On 28 January, 2015, the China Eximbank signed a framework agreement with the Government of Sudan in which it agreed to finance multiple projects in Sudan, including the Tamboul Sugar Factory Project. A 2016 budget report from Sudan’s Ministry of Finance indicates that the construction of the factory was financed with a 195.3 million Sudanese pound foreign loan in addition to local loans worth 6.96 million Sudanese pounds. It is unclear whether the foreign loan was actually from China Eximbank. China GDE signed a construction design contract for the Tamboul Sugar Factory on 10 September, 2012. It is unclear whether they actually carried out this project.
Additional details
The Chinese project title is 苏丹汤布尔糖联建设项目 or 署汤布尔糖联项目. AidData failed to find evidence of China Eximbank signing a loan agreement so the status is coded as pledge for now.
Number of official sources
4
Number of total sources
13
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Sudan [Government Agency]
Implementing agencies [Type]
China GDE Engineering CO.,LTD. [State-owned Company]
Sudan Ministry of Industry and Trade [Government Agency]