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China Eximbank provides $25 million loan for Kamwala Government Complex Construction Project (Linked to Record ID#2126, #15411)
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Zambia |
| Country | Zambia |
| Start Date | Jan 01, 2009 |
| End Date | Aug 13, 2031 |
| Duration | 8,259 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 30472 |
Grant Description
China Eximbank provides $25 million loan for Kamwala Government Complex Construction Project On September 16, 2002, the Chinese Government provided an RMB 69.2 million interest-free loan (captured via Record ID#2126) to the Government of Zambia for the Kamwala Government Complex Construction Project.
In 2009, China Eximbank provided an additional $25 million concessional loan to the Government of Zambia because the original funding proved insufficient.
The project involved the construction of a government complex in Lusaka.
Construction was initiated by China Overseas Engineering Company (COVEC) and completed by Shanghai Construction Company. Construction was originally expected to take 14 months from the implementation start date. Construction began on March 1, 2010 and ended on August 31, 2011. The project was officially handed over to the authorities on held on January 13, 2012.
Staff Comments
- The Chinese project title is 赞比亚政府综合楼项目 or 赞比亚政府大楼会议中心和宴会厅.
- In August 2010, the Chinese government provided additional grant funding for this project (as captured via Project ID#15411).
Sources & References
- 中国援赞政府大楼会议中心和宴会厅项目举行隆重交接仪式, http://www.scg.com.cn/news_detail-1133.html
- Chinese firm focuses on providing quality service to Zambia, http://www.scg.com.cn/news_detail-2973.html
- China-Africa Economic Relations: The Case of Zambia
- THE STATUS OF ZAMBIA’S DOMESTIC AND EXTERNAL DEBT
- New Government Complex
- Development Cooperation Report 2009
- Development Cooperation Report 2010
- Economic Report: 2009
- Chinese Loans to Africa Database 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 Zambia
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