Completed Development AidData Chinese Aid

Chinese Government provides RMB 19.6 million interest-free loan (ETCA) (Linked to Record ID#20080, #1163, #72965, #72993)

¥19.6M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Mauritius
Country	Mauritius
Start Date	Jan 16, 2003
End Date	Nov 04, 2033
Duration	11,250 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`21096`

Grant Description

Chinese Government provides RMB 19.6 million interest-free loan (ETCA) On January 16, 2003, China’s Ministry of Commerce and the Government of Mauritius signed an RMB 19,600,000 loan agreement.

📋 Loan / Grant Terms

💰 Loan Amountcarried the following terms: 0% interest rate

📅 Maturity20 years

⏳ Grace Period10 years

💹 Interest Rate0%

It is repayable via annual installments between February 2013 and February 2023.

The proceeds from this loan were earmarked to support two different projects: a Container Inspection Equipment Project and a CCTV Street Surveillance System and Island-Wide Digital Radio Communication System Project.

The Container Inspection Equipment Project, which was also supported by another RMB 20 million loan (see #20080), involved the provision of container inspection equipment to the customs authorities in Mauritius for use at an airport and seaport. It was officially completed and handed over the local authorities in April 2006.

The CCTV Street Surveillance System and Island-Wide Digital Radio Communication System Project, which was supported by 3 additional Chinese Government loans (see #1163, #72965, and #72993), involved the installation of 340 CCTV cameras in the Port Louis and Grand Baie areas, and the installation of an island-wide digital radio communications.

It was completed on October 21, 2011.

📋 Staff Comments

This project is also known as the X-Ray Scanning Equipment and CCTV Surveillance System Project.

📚 Sources & References

http://www.gov.mu/portal/site/mfasite/menuitem.98ff0fe2743f2273af6d2f2ba0208a0c/?content_id=496cb4e090d8f110VgnVCM1000000a04a8c0RCRD, http://www.gov.mu/portal/goc/treasury/file/rep2004-2005/Statj.xls, http://www.gov.mu/portal/goc/mofsite/files/AppendixGtbl3.pdf, http://www.fmprc.gov.cn/eng/wjb/zzjg/fzs/gjlb/3039/3041/t16540.htm, www.gov.mu/portal/goc/mof/files/20052006/memo05.doc, http://dspace.cigilibrary.org/jspui/bitstream/123456789/32406/1/MauritiusInvestmentRelations.pdf?1, http://www.gov.mu/portal/goc/treasury/file/annual06/statj.pdf, www.gov.mu/portal/goc/mof/files/20052006/memo05.doc
IMPACT OF CHINA – AFRICA INVESTMENT RELATIONS: AN IN-DEPTH CASE STUDY OF MAURITIUS
Public Sector Investor Programme
Statement of Public Debt outstanding as at 30 June 2006 and Accumulated Sinking Funds as at the same date
我向毛赠送一批设备，获毛高度评价 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.