Chinese Government provides $15 million USD loan for Cotton Ginning Factories Rehabilitation Project (Linked to Record ID#47017)

$15M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Mar 01, 2004
End Date	Dec 19, 2032
Duration	10,520 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56979`

Grant Description

Chinese Government provides $15 million USD loan for Cotton Ginning Factories Rehabilitation Project In March 2004, the Chinese Government and the Government of Sudan signed a $15 million USD loan agreement for the Cotton Ginning Factories Rehabilitation Project.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

All other project details are unknown. In April 2005, China Eximbank provided a $7.1 million USD loan for the same project (see Record ID#47017).

📋 Staff Comments

This loan is not included In the database of Chinese loan commitments that SAIS-CARI released in July 2020.Sudan’s Ministry of Finance and National Economy identifies 'KAMOCO’ and 'GUANDHOA' as being involved in this project but no addtional information on these entities could be found. These are likely mis-spellings of Chinese words/names.

📚 Sources & References

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.