Chinese Government provides $15 million USD loan for Cotton Ginning Factories Rehabilitation Project (Linked to #47017)
Commitment amount
$ 34164781.828299545
Adjusted commitment amount
$ 34164781.83
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Sudan
Sector
Agriculture, forestry, fishing (Code: 310)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
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 Project #47017).
Additional details
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.
Number of official sources
0
Number of total sources
1
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Sudan [Government Agency]