China loaned Chad USD $257 million for several projects (Linked to Record ID#397, #398, #400, #401)

$257M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Chad
Country	Chad
Start Date	Jan 01, 2007
End Date	Dec 14, 2031
Duration	9,113 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`396`

Grant Description

China loaned Chad USD $257 million for several projects According to Associated Press Newswires in 2007, Chinese and Chadian officials signed a USD $257 million economic agreement to fund several projects, including a cement factory (#397), a telecommunications project (#398), a road network (#400), and a new electronic records system for the Chadian government (#401).

📋 Staff Comments

The signing date of the agreement and loan details are unknown.

📚 Sources & References

beyond aid: new sources and innovative mechanisms for financing development ...
Chad and China sign $257 million economic package deal 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.