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COMPLANT to build 47 million USD hospital in Machakos funded by Chinese loan
| Funder | Unspecified Chinese Government Institution |
|---|---|
| Recipient Organization | Government of Kenya |
| Country | Kenya |
| Start Date | Jan 01, 2018 |
| End Date | Jan 07, 2030 |
| Duration | 4,389 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 58341 |
Grant Description
COMPLANT to build 47 million USD hospital in Machakos funded by Chinese loan On Dec 26 2018, Chinese state-owned enterprise China National Complete Plant Import & Export (CNCPIEC, COMPLANT) signed a contract with Nairobi-based project owner Lianard Holding for a 47,758,830 USD (Ksh 4.8 billion) healthcare community project "肯尼亚湖畔医疗城项目".
The project aims to build a 13,400 square-meter comprehensive hospital and surrounding apartment building includes 300 apartments inside with a gross floor area of 25,500 square meters. The location is in Machakos, Kenya, 68 kilometers southeast of its capital Nairobi. The contract will become effective after Lianard signs a loan agreement with a Chinese bank.
Details of negotiation on the loan contract is unknown.
Staff Comments
No evidence of Chinese funding yet- however one of the conditions of the commercial contract signed is that the company must secure Chinese bank funding.... may be a project later
Sources & References
- 【中企全球动态】中成股份签肯尼亚湖畔医疗城建设合同
- 中成股份签署肯尼亚湖畔医疗城项目合同
- CNCPIEC to Build Kenya Hospital Complex for USD48 Million
- 中成进出口股份有限公司经营合同公告
- Chinese firm inks deal to build Sh4.8bn hospital in Machakos 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.
All Grantees
Government of Kenya
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