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Chinese Government provides $6 million interest-free loan for Luanda General Hospital Construction Project (linked to Umbrella #53184)
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of Angola |
| Country | Angola |
| Start Date | May 23, 2001 |
| End Date | Nov 13, 2026 |
| Duration | 9,305 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 4 |
Grant Description
Chinese Government provides $6 million interest-free loan for Luanda General Hospital Construction Project On 23 May 2001, a Chinese Government delegation signed several agreements with the Angolan Government during a three-day visit to Luanda.
One of the agreements was a $6 million interest interest-free loan agreement for the Luanda General Hospital Construction Project.
Angola's Deputy Minister of Foreign Affairs, George Chicoty, signed the agreement with China's Vice Minister of External Trade and Economic Cooperation, Zhang Xiang.
This project involved the construction of a 100-bed Luanda General Hospital (Hospital Geral de Luanda) in the Kilamba Kiaxi municipality of Luanda. The hospital offers specialized services in laryngology, dermatology, neurology, opthalmology and physiotherapy.
The proceeds from the loan were used to partially finance an $8 million contract with China Overseas Engineering Group (COVEC or 中国海外工程有限责任公司). The groundbreaking ceremony was held on May 26, 2004. Construction began in July 2004 and was completed in 15 months. The hospital was inaugurated on 3 February 2006.
However, in 2010, COVEC was criticized for the poor quality of construction after cracks developed in the ceilings and walls of the hospital.
Chinese and Angolan officials subsequently met for several rounds of talks, and the Chinese Government agreed to fund the rehabilitation and expansion of the hospital, including the construction of temporary wards and sewage systems for patients to ensure the continuing operation of the hospital (see Umbrella Record ID#53184).
Staff Comments
The Chinese project title is 罗安达总医院. The Portuguese project title is Hospital Geral de Luanda. Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20-years by default and grace period to 10-years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20-years, with a drawdown period of 5-years, grace period of 5-years, and repayment over 10-years. AidData treats the drawdown period as providing 5-years of additional grace.
Sources & References
- China to fund construction of provincial hospital in Angolan capital
- Angola
- China sign economic, commercial protocols.
- Chinese Aid and Luanda General Hospital in Angola: Still Falling Down?
- China leads by example in the cooperation with Angola
- 安哥拉总统多斯桑托斯参加我援建医院项目启用仪式
- 罗安达省长视察我援建医院
- Angola 2011
- 中国移交援助安哥拉罗安达省总医院
- 中国援建安哥拉的罗安达总医院举行揭幕典礼(图)
- 安哥拉总统多斯桑托斯参加我援建医院项目启用仪式
- Chinese Loans to Africa Database
- Chinese Delegation Signs Two Accords.
- China-Angola aid relations: strategic cooperation for development?
- 中国援建安哥拉医院工程破土动工 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.
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Government of Angola
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