China Eximbank pledges $83 million loan for development of port and marina in St. Patrick

Funder	China (People's Republic of)
Recipient Organization	Grenada
Country	Grenada
Start Date	Feb 17, 2008
End Date	Dec 08, 2032
Duration	9,061 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`38839`

Grant Description

China Eximbank pledges $83 million loan for development of port and marina in St.

Patrick In February 2008, China Eximbank pledged to provide an $83 million loan to the Government of Grenada for the development of a port and marina in St. Patrick. The plans for this project were approved by the Government of Grenada government. However, there is no evidence that this pledge materialized into an actual loan commitment.

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.