Overview

Chinese Government discusses USD 152 million loan for 138km Mangochi-Makanjira Road Construction Project

Commitments (Constant USD, 2023)$152,957,037

Commitment Year•2018Country of Activity•MalawiDirect Recipient Country of Incorporation•MalawiSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2018

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 Malawi

Loan desecription

Chinese Government discusses USD 152 million loan for 138km Mangochi-Makanjira Road Construction Project

Interest type•Unknown

Narrative

Full Description

Project narrative

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.