Chinese Government pledges soft loan to Namibia for low-cost housing

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Namibia
Country	Namibia
Start Date	Jul 07, 2005
End Date	Nov 01, 2032
Duration	9,979 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`1288`

Grant Description

Chinese Government pledges soft loan to Namibia for low-cost housing On July 7, 2005, the Chinese Government announced its intention to provide Namibia with a soft loan to be used for low-cost housing in the African country.

It appears that the loan may have been worth N$57 million, but it is unclear if the source is referring to the same record. It is also unclear whether the housing was ever constructed. This pledge could be linked to record #62070 and/or #62071.

📚 Sources & References

http://webcache.googleusercontent.com/search?q=cache:rtN_5wIc-RYJ:www.insight.com.na/article/full/878/04-09-2009/china-gives-china-takes-away.html+&cd=4&hl=en&ct=clnk&gl=us
China Hails Namibia's Support 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.