Chinese Government pledges $195,048,393 loan for railway that passes through Kasai, Kasai Central, Kwango, Kwilu, and Mai Ndombe
Pledged amount
$ 271649150.71487087
Adjusted pledged amount
$ 271649150.71487087
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
Congo (DRC)
Sector
Transport and storage (Code: 210)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
According to the Aid Management Platform (AMP) of the Government of the Democratic Republic of Congo, the Chinese Government pledged in 2011 to provide $195,048,393 for a railway that would pass through Kasai, Kasai Central, Kwango, Kwilu, and Mai Ndombe. As of July 2019, no funding had been disbursed for this project.
Number of official sources
3
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Democratic Republic of Congo [Government Agency]
Implementing agencies [Type]
Government of Democratic Republic of Congo [Government Agency]