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Chinese Government provides RMB 100 million interest-free loan for Mauritius Broadcasting Corporation (MBC) Headquarters Construction Project (Linked to Record ID#20881, #20104, #1144 and #20089)
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of Mauritius |
| Country | Mauritius |
| Start Date | Aug 01, 2006 |
| End Date | Aug 25, 2031 |
| Duration | 9,155 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 21229 |
Grant Description
Chinese Government provides RMB 100 million interest-free loan for Mauritius Broadcasting Corporation (MBC) Headquarters Construction Project On June 8, 2001, China’s Ministry of Commerce and the Government of Mauritius signed an RMB 20,000,000 loan agreement for the Mauritius Broadcasting Corporation (MBC) Headquarters Construction Project.
Its face value was subsequently revised to 19,017,800. Record ID#20881 captures the first loan agreement.
Three years later, in July 2004, China’s Ministry of Commerce and the Government of Mauritius signed a second loan agreement worth RMB 20,000,000 for the same project.
It is repayable via annual installments between August 2014 and August 2024. Record ID#20104 captures the second loan agreement.
Then, in January 2005, China’s Ministry of Commerce and the Government of Mauritius signed a third loan agreement worth RMB 40,000,000 for the same project.
It is repayable via annual installments between February 2015 and February 2025. Record ID#1144 captures the third loan agreement.
Then, on January 19, 2006, China’s Ministry of Commerce and the Government of Mauritius signed a fourth loan agreement worth RMB 20 million for the same project and for the acquisition of radio and TV broadcast equipment.
Record ID#20089 captures the fourth loan agreement.
Then, in August 2006, China’s Ministry of Commerce and the Government of Mauritius signed a fifth loan agreement worth RMB 100,000,000 for the same project.
Record ID#21229 captures the fifth loan agreement.
This project involved the construction of a new headquarters building for the Mauritius Broadcasting Corporation (MBC) in Ebène, which is a suburb approximately 15 kilometers south of the country’s capital, Port Louis. Beijing Construction Engineering Group Co., Ltd. (BCEG) was the contractor responsible for implementation.
It signed a construction contract on January 18, 2008. Then, on March 19, 2008, a formal groundbreaking ceremony was held. However, the project did not actually start until August 20, 2008. It was ultimately completed in June 2010.
Staff Comments
The Chinese project title is 毛里求斯广电大楼项目 or 毛里求斯广电大楼项目.
Sources & References
- http://www.bcegi.com.cn/news/jggjb/26.pdf, http://www.bcegi.com.cn/eng/view.php?tid=20&cid=9
- China grants an interest-free loan of Rs 70m to Mauritius
- Mauritius
- China sign five-million loan agreement, http://www.lexpress.mu/services/archive-35086-new-dawn-for-china-mauritius-relations.html
- Cabinet Decisions taken on 30 July 2004, http://www.gov.mu/portal/goc/assemblysite/file/hansardsecd810.pdf
- Statement of all Outstanding Loans Financed from Revenue
- Statement of Public Debt outstanding as at 30 June 2006 and Accumulated Sinking Funds as at the same date
- China and Mauritius, http://www.panapress.com/Mauritius-gets-$2.3-million-Chinese-loan--13-578166-18-lang2-index.html
- Decisions of Cabinet taken on 8 June 2001, http://dspace.cigilibrary.org/jspui/bitstream/123456789/32406/1/MauritiusInvestmentRelations.pdf?1
- PUBLIC SECTOR INVESTMENT PROGRAMME
- Mauritius Broadcasting Corporation
- Mauritius Broadcasting Corporation
- 戴敏参赞再次赴我援毛里求斯广电大楼项目施工现场，了解工程进度
- Chinese Ambassador to Mauritius Gao Yuchen attends the groundbreaking ceremony of the China-aided Maoist Broadcasting and Television Building Project
- China Aided the Construction Contract for the Mauritius Radio and Television Building Project
- 我援毛里求斯广电大楼项目签署施工合同
- News Center, http://www.gov.mu/portal/site/Mainhomepage/menuitem.a42b24128104d9845dabddd154508a0c/?content_id=58b47005d8b0a010VgnVCM1000000a04a8c0RCRD, http://www.gov.mu/portal/site/pmosite?content_id=3c680bd3bcff7010VgnVCM100000ca6a12acRCRD, http://www.gov.mu/portal/goc/treasury/file/annual09j/STATM.pdf, http://www.gov.mu/portal/goc/treasury/file/annual06/statj.pdf, http://www.fmprc.gov.cn/eng/wjb/zzjg/fzs/gjlb/3039/, http://www.gov.mu/portal/site/Mainhomepage/menuitem.a42b24128104d9845dabddd154508a0c/?content_id=f8d9188ca9f6d210VgnVCM1000000a04a8c0RCRD, http://www.gov.mu/portal/site/pmosite/menuitem.4ca0efdee47462e7440a600248a521ca/?content_id=3b24534d7bff7010VgnVCM100000ca6a12acRCRD
- ChinaLoansToAfrica©SAIS-CARI.csv
- IMPACT OF CHINA – AFRICA INVESTMENT RELATIONS: AN IN-DEPTH CASE STUDY OF MAURITIUS
- Public Sector Investor Programme
- China grants Rs 300 Million to Mauritius 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.
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Government of Mauritius
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