Chinese Government provides RMB 290 million interest-free loan for Phase 2 of the Autonomous Port of Nouakchott Expansion Project (Linked to Record ID#36188)

Chinese Government provides RMB 290 million interest-free loan for Phase 2 of the Autonomous Port of Nouakchott Expansion Project According to the Government of Mauritania’s Development Assistance Database (DAD), the Chinese Government and the Government of Mauritania signed an RMB 120 million interest-free loan for Phase 2 of the Autonomous Port of Nouakchott Expansion Project.

The proceeds of this loan were drawn from an Economic and Technical Cooperation Agreement (ETCA) that was signed by the two governments in 2012. 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.