Chinese Government provides RMB 50 million interest-free loan for Cote D'Or National Sports Complex Construction Project (linked to #55494, #55636, #85147)

In 2012, China’s Ministry of Commerce and the Government of Mauritius signed an RMB 50,000,000 loan agreement for the Cote D'Or National Sports Complex Construction Project. This loan carried the following terms: 20 year maturity, 10 year grace period, and 0% interest rate. It is repayable via annual installments between January 2023 and January 2033. #55636 captures this first loan. Then, in 2014, China’s Ministry of Commerce and the Government of Mauritius signed an RMB 50,000,000 loan agreement for the Cote D'Or National Sports Complex Construction Project. This loan carried the following terms: 20 year maturity, 10 year grace period, and 0% interest rate. It is repayable via annual installments between January 2025 and January 2035. This flow is captured in #85147. Then, in 2015, China’s Ministry of Commerce and the Government of Mauritius signed an RMB 50,000,000 loan agreement for the Cote D'Or National Sports Complex Construction Project. This loan carried the following terms: 20 year maturity, 10 year grace period, and 0% interest rate. It is repayable via annual installments between January 2026 and January 2036. Finally, in 2016, China’s Ministry of Commerce and the Government of Mauritius provided an RMB 200,000,000 grant the Cote D'Or National Sports Complex Construction Project. #55494 captures this flow. The Chinese Government and the Government of Mauritius also signed an exchange of notes in December 2017 on the Cote D'Or National Sports Complex Construction Project in the run-up to the 2019 Indian Ocean Island Games. This project involved the construction of the Côte d’Or Multisports Complex in Saint Pierre, which included an Olympic stadium with a seating capacity of 15,000, a modern football pitch in compliance with FIFA standards, an athletics track with covered stands and a capacity of 3,600 spectators, an aquatic centre that can accommodate 1,500 people, a swimming pool to Olympic standards, and a multi-sports gym that can host basketball, volleyball, karate, taekwondo, judo and handball competitions. The total cost of the project was Rs 4.7 billion, and in addition to the Rs 1.8 billion (RMB 350 million) that the Government of Mauritius secured from the Chinese Government, it secured a loan worth Rs 875 million from the Government of Saudi Arabia. China State Construction Engineering Corporation is the contractor responsible for implementation. Construction began in October 2018 and was ended on July 15, 2019. Then, one inauguration ceremony was held on July 16, 2019, and the sport complex was handed over to the local authorities on July 19, 2019. The 2019 Indian Ocean Island Games were held in Mauritius from July 19 – 28, 2019.

Additional details

This project is also known as the Multisports Complex at Cote D'Or Project. The Chinese project title is 援毛里求斯综合体育中心项目 or 援毛里求斯综合体育中心项目 or 毛里求斯综合体育中心项目 or 圣皮埃尔科特多沃综合体育中心. In the database of Chinese loan commitments that SAIS-CARI released in July 2020, none of the interest-free loans that supported this project are included.

Number of official sources

12

Number of total sources

16