Project ID: 9

Chinese Government loans $50 million USD to Angola for unspecified projects

Commitment amount

$ 109128096.0

Constant 2017 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Umbrella project

This project is classified as an "umbrella" project, and is connected to related projects.

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Angola

Sector

Unallocated/unspecified (Code: 998)

Flow type

Loan

Concessional

Vague

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2001

Description

On May 23, 2001 during the second session of the Joint Chinese-Angolan Commission, Chinese and Angolan government officials signed a $50 million loan agreement for unspecified projects. The loan terms are unknown. It is unclear whether these funds were ever disbursed.

Number of official sources

0

Number of unofficial sources

1

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Details

Cofinanced

No

Receiving agencies [Type]

Government of Angola [Government Agency]

Implementing agencies [Type]

Government of Angola [Government Agency]

Loan type

No Information

Gurarantee provided

No

Insurance provided

No