Active Development AidData Chinese Aid

China Eximbank provides $17.2 million USD for HDPE Pipe Supply Project

$17.2M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Apr 05, 2006
End Date	May 11, 2029
Duration	8,437 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`47058`

Grant Description

China Eximbank provides $17.2 million USD for HDPE Pipe Supply Project According to Sudan’s Ministry of Finance and National Economy (MOFNE), on 5 April 2006, China Eximbank and the Government of Sudan signed a $17.2 million USD loan agreement for the HDPE Pipe Supply Project.

📋 Loan / Grant Terms

💰 Loan Amountcarried a 4% interest rate

📅 Maturity4 years

⏳ Grace Period2 years

💹 Interest Rate4%

An estimated $5.2 million USD was disbursed in 2007, $8.6 million USD in 2008, $3.4 million USD in 2009.

This project involved the provision of HDPE pipes were to be used by Sudan's National Water Corporation in order to help facilitate water treatment processes. The implementation status of this project is unknown.

📋 Staff Comments

Chr. Michelsen Institute (CMI) indicates that this loan is non-concessional with a grant element of 4%, which is different from AidData’s calculation.In the database of Chinese loan commitments that SAIS-CARI released in July 2020, it identifies the maturity length of this loan as 2-years. AidData relies on the maturity length (4-years) that is reported by Sudan’s Ministry of Finance and National Economy (MOFNE).

📚 Sources & References

CENTRAL BANK OF SUDAN 46TH ANNUAL REPORT 2006
China
Chinese Loans to Africa Database
External Debts
Growth and Peace in the Sudan Some Serious Challenges Facing the Country in the Post-Conflict Era
Bank of Sudan 2006 Annual Report 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 Sudan

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