Project ID: 57968

China Eximbank pledges loan for Essiama Enclave Water Supply Project

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]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Ghana

Sector

Water supply and sanitation (Code: 140)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2010-01-01

Description

On 19 October 2011, it was announced that China National Complete Engineering Corporation (CMCEC) won the bid for a $350 million contract for the Essiama Enclave Water Supply Project in Ghana. It was reported that China Eximbank will provide a loan to fund the project. The loan proceeds will finance the construction of a water plant with a planned capacity of 50,000 M3/d in Essiama. The project also includes construction of intake works, water treatment plant, pumping station, clear water transmission pipeline, water distribution, a comprehensive office building, and a control center. The project is expected to be completed 39 months after the start of construction.

Additional details

The project is referred to as 加纳ESSIAMA区域供水项目 in Chinese.

Number of official sources

5

Number of total sources

6

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Ghana [Government Agency]

Implementing agencies [Type]

China National Complete Engineering Corporation of China (CCEC) [State-owned Company]

Loan Details

Bilateral loan

Investment project loan