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Active Development AidData Chinese Aid

CIDCA provides RMB 400 million grant for Phase 1 of Nuevas Victorias Social Housing Project (Linked to Record ID#103202)

¥400M RMB

Funder China International Development Cooperation Agency (CIDCA)
Recipient Organization Government of Nicaragua
Country Nicaragua
Start Date Apr 22, 2022
End Date Feb 10, 2029
Duration 2,486 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 105210
Grant Description

On December 10, 2021, the Government of People’s Republic of China (PRC) and the Government of Nicaragua re-established diplomatic ties after the Government of Nicaragua broke off its relations with the Government of the Republic of China (Taiwan).

Then, on January 28, 2022, President Rosario Murillo announced that the PRC Government had approved an important housing cooperation project with the Government of Nicaragua.

On April 27, 2022, China International Development Cooperation Agency (CIDCA) and the Government of Nicaragua signed an RMB 400 million grant agreement for Phase 1 of the Nuevas Victorias National Housing Program.

The purpose of the project is to construct 920 two-bedroom, single-story homes in the city of Managua, long with a central square, sports fields and other ancillary facilities. The project site occupies confiscated land in the Sabana Grande neighborhood.

According to media reports, the Office of the Attorney General of Nicaragua expropriated 637,298 square meters of eight private properties for the project. The project’s groundbreaking ceremony took place on April 16, 2023.

Luo Zhaohui, chairman of the China International Development Cooperation Agency (CIDCA) attended the groundbreaking ceremony.

The project is being undertaken by China State Construction Engineering Corporation (CSCEC), with a total construction area of about 35,000 square meters and a construction land area of about 340,000 square meters.

Phase II of the project, which will involve building additional houses out of a total promised 12,034 units, is captured via Record ID#103202.

📋 Staff Comments
  1. As of April 2023, Laureano Ortega Murillo, the son of the sitting President of Nicaragua, was the Government of Nicaragua’s Coordinator for Cooperation with China.
  2. This project is also known as Phase 1 of the Social Housing Project. The Chinese project title is 尼保障房项目 or 尼加拉瓜保障房一期项目工程 or “新胜利”保障房一期项目 or 援尼加拉瓜保障房一期项目. The Spanish project title is El gran programa nacional de viviendas or Fase I del programa nacional de viviendas Nuevas Victorias.
  3. The Nuevas Victorias National Housing Program involves the construction of 12,034 houses in 84 municipalities, 15 departments and two autonomous regions.
📚 Sources & References
  • Nicaragua to gain strength, experience from Chinese-style modernization: president
  • Nicaragua to gain strength, experience from Chinese-style modernization: president
  • Nicaragua’s Housing Project with China: What it Means for the Country’s Future
  • Nicaragua y China suscriben convenio para ejecución de Programa de Viviendas
  • Viviendas financiadas por China siguen estancadas en promesas y anuncios
  • 习近平致电祝贺迪萨纳亚克就任斯里兰卡总统
  • 中国建筑中标援尼加拉瓜保障房一期项目
  • Nicaragua y China inician Fase I del programa nacional de viviendas Nuevas Victorias, https://www.laprensani.com/2023/10/30/economia/3227961-se-le-cae-a-ortega-otra-mentira-sobre-la-regalia-de-mas-de-12000-viviendas-por-parte-de-china
  • La diferencia entre los proyectos de vivienda social de China y Taiwán
  • Inicia Programa Nacional de Viviendas “Nuevas Victorias
  • 中国建筑承建援尼加拉瓜项目保障房一期项目开工
  • 一带一路 中国中元设计和项目管理的援尼加拉瓜保障房一期项目举行开工仪式
  • Houses to be given by China will be built in Managua and the Asians will be in charge of managing the project on the ground
  • China Breaks Ground on Dubious Housing Scheme in Nicaragua
  • China is helping Nicaragua’s Sandinista gov’t build houses for poor people
  • The National Housing Program “Nuevas Victorias” begins
  • First China-Nicaragua large project starts construction following resumption of diplomatic ties
  • CIDCA vice-chairman meets with adviser to Nicaraguan president
  • Inauguran Primera Fase del Programa Nacional de Viviendas Nuevas Victorias
  • Construimos Más Viviendas “Nuevas Victorias” en Managua
  • Proyecto nacional de viviendas «Nuevas Victorias» en Nicaragua avanza con cooperación china Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees

Government of Nicaragua

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