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Overview

China Eximbank provides loan to Anhui Construction Engineering Group for University Housing Construction Project

Commitment Year•2015Country of Activity•AlgeriaDirect Recipient Country of Incorporation•China (People's Republic of)Sector•Other Social Infrastructure And ServicesFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2015

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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The project developed more housing in Constantine, Algeria. More detailed locational information can be found at https://www.openstreetmap.org/relation/2245418#map=12/36.3540/6.6474

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% Chinese ownership

Funding agencies

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

State-owned companies

  • Anhui Construction Engineering Group

Implementing agencies

Government Agencies

  • Government of Algeria

State-owned companies

  • Anhui Construction Engineering Group

Loan desecription

China Eximbank provides loan to Anhui Construction Engineering Group for University Housing Construction Project

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2015, the Anhui Branch of the Export-Import Bank of China issued a loan to Anhui Construction Engineering Group — a Chinese state-owned enterprise — to facilitate its construction of housing units in an Algerian university town. Upon completion, it was expected that the housing conditions of local college students would be improved. As of January 2018, the project has been completed.

Staff comments

1. The Chinese project title is 阿尔及利亚的大学城住房项目. 2. This project likely refers to the Taibaisa University City Project (阿尔及利亚泰白萨大学城项目) or the Constantine University City Project (since Anhui Construction Engineering Group signed EPC contracts for these projects around the time that China Eximbank issued its 2015 loan).