CDB Funds Construction of Hebei Farm in Uganda

Funder	China Development Bank (CDB)
Recipient Organization	Hebei Hanhe Investment Co., Ltd.
Country	Uganda
Start Date	Jan 01, 2009
End Date	Mar 13, 2032
Duration	8,472 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`30011`

Grant Description

CDB Funds Construction of Hebei Farm in Uganda In 2009, Hebei Hanhe Investment Co., under the direction of Qiu Lijun, began trial planting and experimentation in Uganda. China Development Bank reportedly supported the Hanhe Uganda Hebei Farm Project.

In 2011, the Hanhe Uganda Hebei farm started cultivating vegetables on a large scale, covering 2,600 mu (173 hectares) of land in Uganda, with plans of expanding to 260,000 mu (17,333 hectares) in the future. The farm had an initial capital of 9.9 million CNY and a reported total area of 20,000 acres in 2010.

The farm prepares the following products for export: cotton, coffee, leather, African handicraft clothing, marine products, rosewood, and ebony.

📋 Staff Comments

The face value of the CDB loan is unclear.

📚 Sources & References

'Zombie' Chinese Land Grabs in Africa Rise Again in New Database!
Agriculture in Africa new hope for private firms
HEBEI HANHE INVESTMNET CO.,LTD.
河北汉和投资有限公司
Big promises, few results: Chinese farms falter in Uganda
The political ecology of chinese agriculture investment in Uganda: The case of Hanhe Farm 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.