Overview

Chinese Government provides $15 million USD loan for Cotton Ginning Factories Rehabilitation Project (Linked to Record ID#47017)

Commitments (Constant USD, 2023)$31,556,044

Commitment Year•2004Country of Activity•SudanDirect Recipient Country of Incorporation•SudanSector•Agriculture, Forestry, FishingFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Mar 1, 2004

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 Sudan

Loan description

Chinese Government provides $15 million USD loan for Cotton Ginning Factories Rehabilitation Project

Interest type•Unknown

Narrative

Full Description

Project narrative

In March 2004, the Chinese Government and the Government of Sudan signed a $15 million USD loan agreement for the Cotton Ginning Factories Rehabilitation Project. The borrowing terms of this loan are unknown. All other project details are unknown. In April 2005, China Eximbank provided a $7.1 million USD loan for the same project (see Record ID#47017).

Staff comments

This loan is not included In the database of Chinese loan commitments that SAIS-CARI released in July 2020. Sudan’s Ministry of Finance and National Economy identifies 'KAMOCO’ and 'GUANDHOA' as being involved in this project but no addtional information on these entities could be found. These are likely mis-spellings of Chinese words/names.