Completed Mixed AidData Chinese Aid

CNEEC provides $5.8 million USD supplier's credit for Electricity Generators Project

$5.8M USD

Funder	China National Electric Engineering Co., Ltd. (CNEEC)
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Jan 01, 2005
End Date	Jun 04, 2032
Duration	10,016 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`47006`

Grant Description

CNEEC provides $5.8 million USD supplier's credit for Electricity Generators Project In January 2005, China National Electric Engineering Corporation (CNEEC) signed a $5.8 million USD supplier's credit agreement with the Government of Sudan for the Electricity Generators Project.

📋 Loan / Grant Terms

💰 Loan Amountcarried the following terms: 3% interest rate

📅 Maturity7 years

⏳ Grace Period2 years

💹 Interest Rate3%

The purpose of this loan was to help the Government of Sudan’s acquire electricity generators from CNEEC. The generators were delivered and the project was completed, but the precise dates unknown.

📋 Staff Comments

In the database of Chinese loan commitments that SAIS-CARI released in July 2020, it includes this loan (although it identifies China Eximbank as the funder) as well as a separate $8 million China National Electric Engineering Co. Ltd (CNEEC) supplier credit in 2006 for the SP-2 Diesel Generator Power Plant Project. AidData has not independently confirmed that these are in fact two different projects and financial commitments; therefore, to minimize the risk of double-counting, AidData does not record a separate $8 million commitment for the SP-2 Diesel Generator Power Plant Project.

📚 Sources & References

CENTRAL BANK OF SUDAN 45TH ANNUAL REPORT 2005
苏丹SP-1、SP-2、SP-3、SP-4、SP-6、SP-7、SP-8及SP9电力工程项目
祝贺苏丹SP4项目正式生效
Chinese Loans to Africa Database
Bank of Sudan Annual Report 2005
External Debts
Growth and Peace in the Sudan Some Serious Challenges Facing the Country in the Post-Conflict Era
Scoping study on Chinese relations with Sudan 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.