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Overview

China Eximbank agrees -- at least in principle -- to provide $328 million loan for Barakat Hospital Project

Commitments (Constant USD, 2023)$349,033,453
Commitment Year2017Country of ActivityIranDirect Recipient Country of IncorporationIranSectorHealthFlow TypeLoan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2017

Geospatial footprint

Map overview

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The purpose of this project is to construct a 700-bed hospital in District 22 (منطقه ۲۲ شهر تهران) within the city of Tehran. More detailed locational information can be found at https://www.openstreetmap.org/relation/6729506#map=13/35.7430/51.1907

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% host country ownership

Funding agencies

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Government of Iran

Implementing agencies

Private Sector

  • Werner Consulting

Loan desecription

China Eximbank agrees -- at least in principle -- to provide $328 million loan for Barakat Hospital Project

Interest typeUnknown

Narrative

Full Description

Project narrative

In 2017, China Eximbank agreed to provide a $328 million loan for the Barakat Hospital Project. The purpose of this project is to construct a 700-bed hospital in District 22 (منطقه ۲۲ شهر تهران) within the city of Tehran. However, AidData has not identified any evidence that this project reached implementation.

Staff comments

1. The Persian project title is یمارستان سلامت برکت. 2. District 22, also known as Municipality of District 22, is one of 22 central districts of Tehran County in Tehran Province, Iran. As of the 2010 census, its population was 128,958, in 38,136.