Active Development AidData Chinese Aid

China Eximbank provides $8.9 million concessional loan for Container Inspection Equipment Supply and Maintenance Project

$8.93M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Eritrea
Country	Eritrea
Start Date	Jan 01, 2009
End Date	Nov 07, 2028
Duration	7,250 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`55838`

Grant Description

China Eximbank provides $8.9 million concessional loan for Container Inspection Equipment Supply and Maintenance Project In 2009, China Eximbank and the Government of Eritrea signed a $8,929,338.00 concessional loan agreement for the Container Inspection Equipment Supply and Maintenance Project.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

The purpose of the project was to facilitate the acquisition and maintenance of THSCAN X-Ray baggage inspection and container/vehicle inspection equipment.

According to China’s Ministry of Foreign Affairs, the President of the Export-Import Bank of China Li Ruogu visited Eritrea in July 2010 to inspect the implementation progress of the project.

📋 Staff Comments

This project is also known as the THSCAN X-Ray Baggage Inspection System and Container/Vehicle Inspection System Project. The Chinese project title is 集装箱检测设备.
This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.
The face value and commitment year of the loan are drawn from the World Bank’s Debtor Reporting System.

📚 Sources & References

厄立特里亚
Eritrea
Embassy Of China In Eritrea
China and Eritrea
DRS Official Commitments from China through 2020 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.