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China Eximbank provides RMB 50 million government concessional loan for Irrigation Dam Construction Project (Linked to Umbrella Record ID#56599)
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Morocco |
| Country | Morocco |
| Start Date | Oct 01, 2002 |
| End Date | Apr 16, 2031 |
| Duration | 10,424 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 1846 |
Grant Description
China Eximbank provides RMB 50 million government concessional loan for Irrigation Dam Construction Project In October 2002, the Export-Import Bank of China (China Eximbank) and the Government of Morocco signed an RMB 50 million government concessional loan (GCL) agreement for an Irrigation Dam Construction Project.
The borrowing terms of the GCL are unknown.
The purpose of the project was to build three small irrigation dams: one in the city of Ifrane; one in the city of Chefchaouen; and one in the city Al-Hoceima. It is not clear if this project was ever implemented.
The China Eximbank loan was reportedly part of a larger Chinese Government pledge to provide RMB 130 million in support of these three dams (see Record ID#56599).
Staff Comments
1. The Chinese project title is 建设三个小型水坝的 or 在伊夫兰、沙温和侯赛马建设三个小型水坝的. The French project title is la construction de petits barrages.
Sources & References
- China extends 6.4m US dollar loan to Morocco for dam building.
- Aiding Transparency: What We Can Learn About China ExIm Bank’s Concessional Loans, http://global.factiva.com/aa/?ref=bbcmep0020021025dyap0099e&pp=1&fcpil=en&napc=S&sa_from=
- How China delivers development assistance to Africa
- Aiding Transparency: What We Can Learn About China ExIm Bank’s Concessional Loans
- Chinese Loans to Africa Database, https://en.calameo.com/read/00506818670c78aba19b2
- 摩洛哥与中国的经济关系（1999―――2003年), Китайская помощь
- China's Global Energy Finance, http://finance.sina.com.cn/roll/20050427/005836822.shtml 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 Morocco
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