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Active Development AidData Chinese Aid

Chinese Government provides $10 million USD loan for acquisition of irrigation equipment

$10M USD

Funder Unspecified Chinese Government Institution
Recipient Organization Government of Sudan
Country Sudan
Start Date Apr 01, 2005
End Date May 31, 2030
Duration 9,191 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 47167
Grant Description

Chinese Government provides $10 million USD loan for acquisition of irrigation equipment In April 2005, the Chinese Government provided a $10 million USD loan to the Government of Sudan for the acquisition of irrigation equipment from Shandong Sure Boshan Pump Industry Co., Ltd (also known as Boshan Pump Industry Co., Ltd.).

📋 Loan / Grant Terms
💰 Loan Amountcarried a 4% interest rate
📅 Maturity6.5 years
⏳ Grace Period1.5 years
💹 Interest Rate4%

The first withdrawal date was October 2005. All other project details are unknown.

📋 Staff Comments

This project may be linked to or a duplicate of Project ID#2158, which is a loan of the same amount in 2003 that was also used to purchase equipment from Shandong Sure Boshan Pump Industry Co., Ltd. However, the commitment years and loan terms are different. Source ID 64700 says the loan amount is $9 million USD. However, AidData relies on the $10 million USD figure provided in the Bank of Sudan Annual Report 2005.

📚 Sources & References
  • Scoping Study on Chinese relations with Sudan
  • Final Report for African Economic Research Consortium (AERC) Collaborative Research Project on Impact of China-Africa aid relations: the case of Sudan
  • CENTRAL BANK OF SUDAN 45TH ANNUAL REPORT 2005
  • China
  • 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 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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