Chinese Government provides RMB 132 million loan for acquisition of gantry cranes

¥132.1M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Djibouti
Country	Djibouti
Start Date	Nov 01, 2003
End Date	Nov 15, 2032
Duration	10,607 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`59364`

Grant Description

Chinese Government provides RMB 132 million loan for acquisition of gantry cranes In November 2003, the Chinese Government provided a loan worth RMB 132,096,618 (approximately 2.817 billion DJF) to the Government of Djibouti for the acquisition of new gantry cranes.

According to a 2005 publication from the Djibouti's Ministry of Economy (p. 2), 100% of the loan was drawn down by the borrower.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

Implementation details are also unavailable.

📋 Staff Comments

The French project title is Acquisition de nouveaux portiques. The loan that supported this project is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020; however, it is included in official reporting by the Government of Djibouti.

📚 Sources & References

NOTE SYNTHETIQUE BAILLEURS
NOTE SUR LE FINANCEMENT EXTERIEUR Programme d’Investissements Publics par bailleurs 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.