Chinese Government discusses USD 152 million loan for 138km Mangochi-Makanjira Road Construction Project
Pledged amount
$ 165657161.67755887
Adjusted pledged amount
$ 165657161.67755887
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]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Malawi
Sector
Transport and storage (Code: 210)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
In 2015, the governments of the People's Republic of China and Republic of Malawi discussed a USD 152 million loan for the 138km Mangochi-Makanjira Road (S256) Construction Project. As of 2017, this project was deemed to be under feasibility and design study. As of March 29, 2018, negotiations were still underway with the Chinese Government for a concessional loan to cover the project cost. According to a report on October 21, 2020, the Chinese Government has approved the Mangochi-Makanjira Road Project for immediate implementation in Malawi. However, it is unclear whether China is funding this project. On May 21, 2021, a Malawi MP urged the President to prioritize the Mangochi-Makanjira Road Construction Project, indicating that there are no significant progress so far. The project completion date is estimated to be between 2022 and 2027.
Number of official sources
2
Number of total sources
10
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Malawi [Government Agency]