Chinese bank gives China Chengda Engineering Co. $3.26 million USD seller's credit for Caustic Soda Plant Construction Project
Commitment amount
$ 8148222.9805319
Adjusted commitment amount
$ 8148222.98
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Bank [State-owned Commercial Bank]
Recipient
Sudan
Sector
Industry, mining, construction (Code: 320)
Flow type
Loan
Level of public liability
Other public sector debt
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
An unspecified Chinese financial institution provided a $3.26 million USD seller's credit to China Chengda Engineering Co. (中国成达工程有限公司) for the Caustic Soda Plant Construction Project in Sudan. It is unclear when the Chinese bank committed to financing this project. The loan terms are unknown. This project involved constructing a 15 ton daily capacity caustic soda (sodium hydroxide) plant in Gezira State, installing equipment, and providing technical assistance to Sudan's state-owned checmical company under the Ministry of Industry and Trade. China Chengda Engineering Co. LTD was the contractor responsible for implementation. After 16 months of work (starting in December 2002), the plant was put into operation on 6 April 2004.
Additional details
The Chinese project title is 苏丹第一家日产15吨隔膜烧碱厂 or 苏丹家产烧碱厂. This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020. For now, AidData codes the commitment year as 2002 since that is approximately when construction began.
Number of official sources
1
Number of total sources
1
Details
Cofinanced
No
Direct receiving agencies [Type]
China Chengda Engineering Co. Ltd [State-owned Company]
Implementing agencies [Type]
Sudan Ministry of Industry and Trade [Government Agency]
China Chengda Engineering Co. Ltd [State-owned Company]