China Eximbank provides government concessional loan for Fishing Boat Acquisition Project
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Sudan
Sector
Agriculture, forestry, fishing (Code: 310)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Geography
Description
On 16 February 2012, the Sudan legislature ratified an government concessional loan (GCL) agreement between China Eximbank and the Government of Sudan for the Fishing Boat Acquisition Project. It is unclear when China Eximbank committed to financing this project. The face value and borrowing terms of this loan are unknown. These boats were supposed to be delivered to the Kassala and Red Sea states. All other project details are unknown.
Additional details
The Arabic project title is مشروع مشتريات مراكب صيد Because the GCL was ratified in early 2012, the loan agreement itself was likely signed in 2011 or even earlier. Therefore, AidData codes the commitment year as 2011 and checks the Year Uncertain box for now.
Number of official sources
2
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Sudan [Government Agency]