Overview

Chinese Government provides a loan of $18 million for infrastructure projects

Commitments (Constant USD, 2023)$19,508,721

Commitment Year•2012Country of Activity•RwandaDirect Recipient Country of Incorporation•RwandaSector•Unallocated/unspecifiedFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 13, 2012

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

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Rwanda

Implementing agencies

Government Agencies

Rwandan Ministry of Cabinet Affairs

Loan description

Chinese Government provides a loan of $18 million for infrastructure projects

Interest type•Unknown

Narrative

Full Description

Project narrative

On January 13, 2012, the Ministry of Cabinet Affairs drafted a law authorizing ratification of a financing agreement between the Government of Rwanda and the Chinese Government. This agreement states that the Chinese Government will provides a loan of USD 18 million for the financing of infrastructure projects.

Staff comments

It is possible that this may be a part of the ETCA covered in Record ID#57459.