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Chinese Government provides $350 million loan for Cuban Hospitals (Linked to Record ID#36185, #71017)
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Government of Cuba |
| Country | Cuba |
| Start Date | Jan 01, 2005 |
| End Date | Jan 05, 2028 |
| Duration | 8,404 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 36184 |
Grant Description
Chinese Government provides $350 million loan for Cuban Hospitals In 2005, China Development Bank (CDB) provided a $350 million loan to the Government of Cuba for the repair and renovation of Cuban hospitals (captured via Record ID#36184).
Then, on November 19, 2008, the Chinese Government provided a second tranche of $70 million for the Phase II involving repairs and reconstruction (as captured via Record ID#36185).
In 2012, the China Development Bank provided another loan for Phase III and Phase IV of the Cuban Hospital Project (as captured via Record ID#71017). By 2014, two Chinese Government-financed hospitals had been built on the island.
Sources & References
- China's Hu extends aid, loans to Cuba
- INDEX:Business
- International
- Politics
- China And Cuba: Skip the Ideology
- Let's Talk About Money
- China signs trade deals with Cuba
- China’s Foreign Aid and Investment Diplomacy
- Volume III: Strategy Beyond
- Buenas noticias para finalizar el año
- Buenas noticias para finalizar el año
- Un paso superior en las relaciones con China 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 Cuba
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