China Eximbank provides RMB 87.01 million government concessional loan for Container Scanner Acquisition Project (Linked to Record ID#56164)

Funder	China (People's Republic of)
Recipient Organization	Cabo Verde
Country	Cabo Verde
Start Date	Apr 12, 2008
End Date	Oct 29, 2029
Duration	7,870 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56135`

Grant Description

China Eximbank provides RMB 87.01 million government concessional loan for Container Scanner Acquisition Project On December 26, 2008, China Eximbank and the Government of Cape Verde signed an RMB 87,010,000 government concessional loan (GCL) for the Container Scanner Acquisition Project.

📋 Loan / Grant Terms

💰 Loan Amountcarried the following terms: 2% interest rate

📅 Maturity20 years

⏳ Grace Period5 years

💹 Interest Rate2%

The Government of Cape Verde guaranteed RMB 85,045,963 of the total loan amount. 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.