China Eximbank provides RMB 94.4 million loan for Power Supply to the Irrigation System of the Third N'Sukala Sugar Refinery Project (Linked to Project ID#1506)
Commitment amount
$ 17318601.00625197
Adjusted commitment amount
$ 17318601.01
Constant 2021 USD
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Mali
Sector
Energy (Code: 230)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
On October 22, 2013, Mali’s Minister of Economy and Finance, Buare Feili Sissoko, and China’s ambassador to Mali, Cao Zhongming, signed a loan framework agreement for the Power Supply to the Irrigation System of the Third N'Sukala Sugar Refinery Project. Then, a draft ordinance authorizing the ratification of this concessional loan was signed in Bamako on October 30, 2013 and adopted during a Council of Ministers meeting chaired by Malian President Ibrahim Boubacar Keïta. In January 2014, The Malian government authorized the ratification of the loan in January 2014. This project involved the provision of power supply to the irrigation system of the New Upper Kala Sugar Complex (Center-West). More specifically, it involves the installation of pivot irrigators, the construction of an agricultural electricity network, and the strengthening of the capacity of the turbo-generators. The ultimate objective is to significantly increase sugar production in Mali. China Light Industrial Corporation for Foreign Economic and Technical Cooperation (CLETC) was the contractor responsible for implementation. The project commenced on October 28, 2012 and it ended in February 2016. This project is closely related to the China Eximbank financed Third N'Sukala Sugar Refinery Construction Project, which is captured in Project ID#1506.
Additional details
1. This project is also known as the Power Supply of the Irrigation System of the New Upper Kala Sugar Complex (Center-West) Project. 2. The French project title is l'alimentation électrique du système d'irrigation du Nouveau complexe sucrier du Kala supérieur (centre-ouest). 3. The Chinese project title is 新糖联农业灌溉集中供电优项目 or 马里新糖联农业开垦项目 or 马里新糖联项目农业高压输变电工程. 4. The loan that supported this project is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.
Number of official sources
8
Number of total sources
10
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Mali [Government Agency]
Implementing agencies [Type]
Government of Mali [Government Agency]
China Light Industrial Corporation for Foreign Economic and Technical Co-operation (CLETC) [State-owned Company]