Active Development AidData Chinese Aid

CCCC South to Invest $49.1 Million in Nicaragua's Electric Mobility Project

$49.1M USD

Funder	China Communications Construction Co., Ltd. (CCCC)
Recipient Organization	Government of Nicaragua
Country	Nicaragua
Start Date	Jan 01, 2023
End Date	Nov 09, 2029
Duration	2,504 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`108687`

Grant Description

CCCC South to Invest $49.1 Million in Nicaragua's Electric Mobility Project In 2023, China Communications Construction Company Limited (CCCC South) announced a commitment to invest $49.1 million in Nicaragua's Electric Mobility Project.

This initiative aims to promote the introduction of electric vehicles (EVs) in the country, accelerate the deployment of charging infrastructure, and build local capacity for the operation and maintenance of the new technology.

📋 Staff Comments

1. As of June 2025, this project remains unverified by official or third-party media sources. No public announcement or agreement text has confirmed the $49.1 million figure. It may be a planning-stage initiative under the broader PRC-Nicaragua energy cooperation framework.

📚 Sources & References

China invertirá US$564 millones para fortalecer la generación de energía limpia en Nicaragua
Nicaraguan MPs set to approve Chinese loan for solar project supporting water utility
Ortega orders signing of a loan with China for a minor project, amidst showers of promises of mega-projects similar to the Canal
China widening Nicaragua energy scope 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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