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Overview

CDB provides $54 million loan for Marçali Water Distribution Center Rehabilitation Project

Commitments (Constant USD, 2023)$55,834,450
Commitment Year•2013Country of Activity•AngolaDirect Recipient Country of Incorporation•AngolaSector•Water Supply And SanitationFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2013
Start (actual)
Jul 25, 2013
End (actual)
Oct 16, 2015

Geospatial footprint

Map overview

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This project sought to increase the water distribution capacity of the Marçali Water Distribution Center by gravity to the neighborhoods of Maianga, Marçal and Zona Alta Nascente within Luanda Province. More detailed locational information can be found a https://www.openstreetmap.org/node/770027266#map=16/-8.8289/13.2333

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

State-owned Policy Banks

  • China Development Bank (CDB)

Receiving agencies

Government Agencies

  • Government of Angola

Implementing agencies

State-owned companies

  • China Gezhouba Group Company Ltd. (CGGC)

Loan description

CDB provides $54 million loan for Marçali Water Distribution Center Rehabilitation Project

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2013, China Development Bank (CDB) and the Government of Angola signed a $54 million loan agreement for the Marçali Water Distribution Center Rehabilitation Project. The borrowing terms of this loan are unknown. The proceeds of the loan were used to finance a $68,521,991.68 commercial contract between China Gezhouba Group Company and Public Water Company of Luanda (EPAL), which was signed on August 8, 2011. This project sought to increase the water distribution capacity of the Marçali Water Distribution Center by gravity to the neighborhoods of Maianga, Marçal and Zona Alta Nascente within Luanda Province. A groundbreaking ceremony was held on July 25, 2013 and the project was completed on October 16, 2015. A completion ceremony was held on February 4, 2016.

Staff comments

The Chinese project title is Marçali水配送中心 or 马央革配水中心 or 的安哥拉罗安达马央革配水中心项目. The Portuguese project title is Centro de Distribuição de Água do Marçal.