CMIC to build steel plant

$100M USD

Funder	China Machine-Building International Corporation (CMIC)
Recipient Organization	Uganda
Country	Uganda
Start Date	Jan 01, 2012
End Date	Dec 13, 2026
Duration	5,460 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`30245`

Grant Description

The China Machine-Building Corp (CMIC) pledged to build a 100 million USD iron ore mining and integrated steel plant in the Mbarara district of Uganda. The expected completion is 18 months after construction begins.

According to CMIC's general manager, Li Fengshan, the plant is part of a 200 million USD grant from China dedicated to the establishment of a steel industry in some selected African countries.

📚 Sources & References

China's CMIC to Build $100 Million Steel Plant in Uganda
China to build US$100 million steel plant in Mbarara
Chinese Government to Build a Steel Plant in Mbarara Worth $100m 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.