Project ID: 61545

Chinese Government provides RMB 100 million interest-free loan via ETCA for Phase 1 of Berg Aukas Youth Skills Training Center Construction Project (Linked to Projects #31058, #53073, #68444)

Commitment amount

$ 29431373.39358132

Adjusted commitment amount

$ 29431373.39

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Namibia

Sector

Education (Code: 110)

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

ODA-like (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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2003-01-01

Actual start

2011-10-26

Actual complete

2015-01-01

Geography

Description

In 2009, the Chinese Government provided an RMB 100 million interest-free loan to the Government of Namibia for Phase 1 of the Berg Aukas Youth Skills Training Center Construction Project. This project is also known as Phase 1 of the National Youth Training Center Project. The funds for this project were drawn from an Economic and Technical Cooperation Agreement (ETCA) signed by the two governments in December 2003 (see Umbrella Project #68444). Phase 1 of this project involved the construction of the Berg Aukas Youth Skills Training Center in the town of Rietfontein (Reinfontein) within the Otjozondjupa Region. More specifically, it involved the construction of five workshops, an administration block with a resource center, a kitchen and dining hall, sleeping quarters for 800 trainees, 16 classrooms, 16 staff houses and netball and basketball courts. The Chinese state-owned Panhua (泛华) Construction Group was responsible for implementation of the project. A project feasibility study was undertaken in February 2009. Then, a project design contract was signed on September 8, 2009. A formal groundbreaking ceremony took place on October 26, 2011. Construction for Phase 1 of the project ended in 2015. Phase 2 involved the construction of a workshop, a health clinic, accommodation facilities for 800 trainees, fencing off of infrastructure and a FIFA standard sport stadium with a pavilion. Phase 2 was funded through an RMB 84.89 million grant. These grant funds were drawn (in part) from an Economic and Technical Cooperation Agreement (ETCA) signed by the two governments on November 18, 2013. Phase 2 began in May 2015 and it was officially completed and handed over to the Namibian authorities on September 13, 2019. The state-of-the-art National Youth Training Center now includes academic buildings, laboratories, workshops, a multi-functional hall, dormitories for teachers and students, canteens, clinics, and sports grounds. The linked project #31058 captures the RMB 84.89 million grant that support this project, and the linked project #53073 captures an additional RMB 7.3 million grant for the provision of furniture and teaching equipment for the Youth Center.

Additional details

Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20 years by default and grace period to 10 years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20 years, with a drawdown period of 5 years, grace period of 5 years, and repayment over 10 years. AidData treats the drawdown period as providing 5 years of additional grace.

Number of official sources

8

Number of total sources

14

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Namibia [Government Agency]

Implementing agencies [Type]

PAN-CHINA CONSTRUCTION GROUP CO.,LTD. [State-owned Company]

Loan Details

Maturity

20 years

Interest rate

0.0%

Grace period

10 years

Grant element (OECD Grant-Equiv)

62.9902%

Bilateral loan

Interest-free loan

Investment project loan