China Eximbank provides $29.9 million USD loan for El Makabra Agriculture Scheme (Linked to Project ID#56927, #178, #56959)
Commitment amount
$ 72867925.93633753
Adjusted commitment amount
$ 72867925.94
Constant 2021 USD
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
Yes
Category
Project lifecycle
Description
According to Government of Sudan’s Ministry of Finance, in 2003, China Eximbank provided a $110,662,159.90 USD loan to the Government of Sudan for the Kehaila East Agriculture Scheme and El Makabra (المكابراب) Agriculture Scheme (Merowe Resettlement) Project. The borrowing terms of this loan are unknown. China International Water & Electric Corporation (CWE) reported that contract for the El Makabra Agriculture Scheme cost $35 million. The construction of the China Eximbank-financed 1250 MW Merowe Hydroelectric Power Plant (see Project #178) caused the displacement of several groups of people living in the surrounding areas, one of which was the Manaseer (Manasir) people. The purpose of the project was to provide reliable water access for the Manaseer (Manasir) in Merowe Dam resettlement areas. It involved the construction of irrigation canals, pumping stations, and power stations. On May 25, 2004, China International Water & Electric Corporation (CWE) signed the $35 million USD commercial contract for the El Makabra Agriculture Scheme. It was successfully completed, but its precise completion date is unknown. In 2003, the Chinese Government also financed the New Amri Agriculture Scheme (Merowe Resettlement) Project (see #56927) and the Kehaila East Agriculture Scheme (see #56959).
Additional details
The El Makabra (المكابراب) Agriculture Scheme is also known as the El Mekabrab Agriculture Scheme or “New Manaseer." The Chinese project title is 穆卡巴若巴农业灌溉项目. The transaction amount is recorded as $110,662,159.90 minus $80.75 million used to fund the Kehaila East Agriculture Scheme.
Number of official sources
2
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Sudan [Government Agency]
Implementing agencies [Type]
China International Water and Electrical Corporation (CWE) [State-owned Company]