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China Exim Bank loans Zimbabwe $864 million for Matabeleland Zambezi Water Pipeline
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Zimbabwe |
| Country | Zimbabwe |
| Start Date | Jan 01, 2012 |
| End Date | Jan 05, 2027 |
| Duration | 5,483 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 31215 |
Grant Description
China Exim Bank loans Zimbabwe $864 million for Matabeleland Zambezi Water Pipeline In July 2012, the Export-Import Bank of China committed to provide Zimbabwe $864 million USD for construction of a 400 kilometer water supply pipeline known as the National Matabeleland Zambezi Water Project (NMZWP).
China Dalian International Economic & Technical Cooperation Group Co.,Ltd. is the project contractor.
The project, originally expected to last 3-years, consists of 3 phases: completion of Gwayi-Shangani Dam, construction of pipeline from that dam to a Bulawayo reservoir, and construction of a 245 kilometer pipeline from the dam to the Zambezi River.
Work on phase one, completion of the Gwayi-Shangani Dam, began in early 2013, and the most recent reports speculate the project as a whole will not be completed until 2018.
According to the 2019 CITE article, the Chinese government abandoned the project, citing Zimbabwe's high risk in infrastructure financing.
In this article, the Matabeleland Collective announced that the Ministry of Lands, Agriculture, Water, Climate and Rural Resettlement permanent secretary Engineer Ringson Chitsiko on behalf of government had handed over the water project to them.
Staff Comments
No official sources confirm the cancellation of the loan.
Sources & References
- China to Invest in Zim
- Zambezi water for Bulawayo by 2018
- Chinese boost Zambezi pipeline
- China funds $1,2bn Zambezi Water Project
- Zambezi water for Bulawayo in three years
- Principals to set election date
- Govt hands over Mat Zambezi Water Project to CSOs
- Exim Bank issues loan for Zimbabwean water project
- Govt takeover boosts Matabeleland Zambezi Water Project
- ZIMBABWE: Gwayi-Shangani dam to provide drinking water to Bulawayo 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 Zimbabwe
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