Chinese Government provides RMB 30 million concessional loan for International Conference Hall Construction Project (Linked to #2148, #30434, #57998)
Commitment amount
$ 8255428.303088582
Adjusted commitment amount
$ 8255428.3
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Sudan
Sector
Government and civil society (Code: 150)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
On 15 April 2002, the Chinese Ambassador signed an economic and technical cooperation agreement (ETCA) granting 30 million RMB to the Government of Sudan for the International Conference Hall Construction Project (see Project #2148). Then, on 4 January 2004, the Chinese Government signed an agreement providing a 30 million RMB concessional loan for this project. According to the Bank of Sudan 2004 Annual Report, the loan has a 10 year grace period that ran from January 2004 to January 2014 (p. 104). The interest rate and maturity of the loan are unknown. This project involved the construction of a 5,200 square meter international conference hall as an annex of the existing Friendship Hall (which was constructed with Chinese aid during the 1970s). Shanghai Construction (Group) Corporation (SCG) was the contractor responsible for implementation. Construction began on 6 March 2003, and a formal groundbreaking ceremony took place on 30 June 2003. Then, on 5 April 2005, the conference hall was opened to the public. In 2014, the Chinese Government financed the renovation of this conference hall (see Project #30434). On 4 January 2004, the Chinese Government also provided a 30 million RMB grant (see Project #57998).
Additional details
The Chinese project title is 苏丹友谊厅项目 or 了我援苏丹国际会议厅项目 or 苏丹国际会议厅项目. The Arabic project title is قاعة الصداقة.
Number of official sources
11
Number of total sources
17
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Sudan [Government Agency]
Implementing agencies [Type]
Shanghai Construction Engineering Group (SCG) (上海建工) [State-owned Company]
Loan Details
Grace period
10 years