China Eximbank provides $80.75 million seller's credit to CWE for Kehaila East Agriculture Scheme (Linked to Project ID#56927, #178, #85574)
Commitment amount
$ 196712147.0355669
Adjusted commitment amount
$ 196712147.04
Constant 2021 USD
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
Geography
Description
In 2003, China Eximbank issued a $110,662,159.90 loan to the Government of Sudan for the Kehaila East Agriculture Scheme and El Makabra (المكابراب) Agriculture Scheme (Merowe Resettlement) Project. The borrowing terms of this loan are unknown. China International Water & Electric Corporation (CWE) reported that China Eximbank provided a seller's credit that covered 85% of the $95 million contract for the Kehaila East Agriculture Scheme. The construction of the China Eximbank-financed 1250 MW Merowe Hydroelectric Power Plant (captured via Project ID#178) caused the displacement of several groups of people living in the surrounding areas, one of which was the Manaseer (Manasir) people. The purpose of the project was to provide reliable water access for the Manaseer (Manasir) in Merowe Dam resettlement areas. It involved the construction of irrigation canals, pumping stations, and power stations. On April 19, 2006, China International Water & Electric Corporation (CWE) signed a million USD commercial contract for the Kehaila East Agriculture Scheme. It was officially completed and handed over to the authorities on July 10, 2008. The El Makabra Agriculture Scheme was also successfully completed, but its precise completion date is unknown.
Additional details
1. The Kehaila East Agriculture Scheme is also known as the Kiheila Agricultural Scheme. The Chinese project title is 东卡哈拉农业灌溉项目. 2. The financial commitment amount AidData captures is equivalent to 85% of the Kehaila East Agriculture Scheme commercial contract cost. 3. In 2003, the Chinese Government also financed the New Amri Agriculture Scheme (Merowe Resettlement) Project (captured via Project ID#56927) as well as the El Makabra Agriculture Scheme (captured via Project ID#85574), which utilized the remaining $29.9 million from China Eximbank's 2003 loan.
Number of official sources
5
Number of total sources
10
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Sudan [Government Agency]
China International Water and Electrical Corporation (CWE) [State-owned Company]
Implementing agencies [Type]
China International Water and Electrical Corporation (CWE) [State-owned Company]
Sudan Ministry of Water Resources, Irrigation and Electricity [Government Agency]