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Overview

Chinese Government provides RMB 40,000,000 interest-free loan for New Operation Theaters and Ward Blocks at Victoria Hospital Project (Linked to Record ID#34155, #34156, #1325, #56280)

Commitments (Constant USD, 2023)$8,106,037
Commitment Year2008Country of ActivityMauritiusDirect Recipient Country of IncorporationMauritiusSectorHealthFlow TypeLoan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Dec 1, 2008
Start (actual)
Feb 4, 2013
End (actual)
Dec 4, 2015
First repayment
Nov 29, 2018
Last repayment
Nov 26, 2028

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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Victoria Hospital is located in Candos within Quatre Bornes (central Mauritius) More detailed locational information can be found at: https://www.openstreetmap.org/way/784216854

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

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Mauritius

Implementing agencies

State-owned companies

  • China IPPR International Engineering Co., Ltd.
  • Nanjin Dadi Construction Group

Loan desecription

Chinese Government provides RMB 40,000,000 interest-free loan for New Operation Theaters and Ward Blocks at Victoria Hospital Project

Grace period10 yearsGrant element75.0516%Interest rate (t₀)0%Interest typeFixed Interest RateMaturity20 years

Narrative

Full Description

Project narrative

In July 2008, China’s Ministry of Commerce (MOFCOM) and the Government of Mauritius signed an RMB 29,310,000 loan agreement for the New Operation Theaters and Wards Block at Victoria Hospital Project. This loan carried the following borrowing terms: a 20 year maturity, a 10 year grace period, and a 0% interest rate. It was originally scheduled for repayment via annual installments between August 2018 and August 2028. Then, in December 2008, China’s Ministry of Commerce (MOFCOM) and the Government of Mauritius signed an RMB 40,000,000 loan agreement for the New Operation Theaters and Ward Blocks at Victoria Hospital Project. It carried the following borrowing terms: a 20 year maturity, a 10 year grace period, and a 0% interest rate. It was originally scheduled for repayment via annual installments between January 2019 and January 2029. As of December 31, 2020, the Government of Mauritius had made an RMB 8 million repayment on the RMB 40,000,000 loan. Then, in March 2021, MOFCOM waived the Government of Mauritius’ obligation to repay the loan’s outstanding amount (RMB 32 million). In 2009, the Chinese Government also provided an RMB 32 million grant for the New Operation Theaters and Ward Blocks at Victoria Hospital Project. Record ID#34156 captures the first loan agreement, Record ID#67620 captures the second loan agreement, and Record ID#34155 captures the grant agreement. The project involved the construction of a new operation theaters and ward blocks at Victoria Hospital in Candos within central Mauritius. More specifically, it involved the construction of an 8,600 square foot building that can accommodate six operation theaters, two recovery rooms (each with seven beds), one Intensive Care Unit (ICU) with eight beds, two female wards on the second floor, and two male wards on the third floor. The hospital has a total capacity of 120 beds. The project also involved the provision of furniture and medical equipment, including laryngoscope sets, electrical and orthopedic operating tables, ICU beds, and fowlers beds, and ambulances. China IPPR International Engineering Co., Ltd. was the contractor responsible for the design of the project. It signed a design contract with the Government of Mauritius on March 23, 2010. Nanjing Dadi Construction Group Co. Ltd. was the contractor responsible for project implementation. The project commenced on February 4, 2013 and was officially completed and handed over to the local authorities on December 4, 2015. In 2009, the Chinese Government also provided an RMB 32 million grant for the New Operation Theaters and Ward Blocks at Victoria Hospital Project. Record ID#34156 captures the first loan agreement, and #67620 captures the second loan agreement, and #34155 captures the grant agreement. China IPPR International Engineering Co., Ltd. was the contractor responsible for the design of the project. It signed a design contract with the Government of Mauritius on March 23, 2010. Nanjing Dadi Construction Group Co. Ltd. was the contractor responsible for the implementation of the project. This project involved the construction of a new operation theaters and ward blocks at Victoria Hospital in Candos within central Mauritius. More specifically, it involved the construction of an 8,600 square foot building that can accommodate six operation theaters, two recovery rooms (each with seven beds), one Intensive Care Unit (ICU) with eight beds, two female wards on the second floor, and two male wards on the third floor. The hospital has a total capacity of 120 beds. The project also involved the provision of furniture and medical equipment, including laryngoscope sets, electrical and orthopedic operating tables, ICU beds, and fowlers beds, and ambulances. It commenced on February 4, 2013 and was officially completed and handed over to the local authorities on December 4, 2015.

Staff comments

1. The Chinese project title is 维多利亚医院援建手术室和病房项目 or 维多利亚医院项目 or 毛里求斯维多利亚医院配建手术室和病房项目. 2. Some sources indicate that the total cost of this project was Rs 600 million and that two-thirds of the cost (Rs 400 million or ~$10 million) was covered via Chinese Government interest-free loans while the other third (Rs 200 million or ~$5 million) was covered through a Chinese Government grant. 3. In the database of Chinese loan commitments that it released in July 2020, SAIS-CARI identifies this project as being supported by two loans: a $6 million loan with a 17 year maturity, 7 year grace period, and 0% interest rate and a $4 million loan with a 16 year maturity, 6 year grace period, 0% interest rate. AidData relies on the face values of the loans (RMB 40,000,000 and RMB 29,310,000) and the borrowing terms (20 year maturity, 10 year grace period, and 0% interest rate for both loans) that are recorded by the Government of Mauritius. 4. With respect to the RMB 40 million loan, some sources refer to a loan commitment date of February 2009 and others refer to a loan commitment date of December 2008. This issue warrants further investigation.