Chinese Government provides a $13.3 million USD loan to Sudan for the purchase of engineering equipment

$13.3M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Sudan
Country	Sudan
Start Date	Apr 01, 2005
End Date	Dec 05, 2027
Duration	8,283 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`58011`

Grant Description

Chinese Government provides a $13.3 million USD loan to Sudan for the purchase of engineering equipment In April 2005, the Government of Sudan and the Chinese Government signed a $13.3 million USD loan agreement for Sudan's purchase of engineering equipment from CAMC Engineering Co. Ltd., a Chinese state-owned enterprise.

📋 Loan / Grant Terms

💰 Loan Amountcarried the following terms: an interest rate of 4%

As of early 2006, Sudan had not withdrawn funds from this loan. Additional project details are unknown.

📋 Staff Comments

The specific Chinese Government institution that provided this loan is unknown.

📚 Sources & References

Bank of Sudan Annual Report 2005 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.