China Eximbank pledges $32 million loan for Goroka City Water Supply System Project

Funder	China (People's Republic of)
Recipient Organization	Papua New Guinea
Country	Papua New Guinea
Start Date	Mar 04, 2017
End Date	Dec 17, 2026
Duration	3,575 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`63961`

Grant Description

China Eximbank pledges $32 million loan for Goroka City Water Supply System Project On November 20, 2017, the Export-Import Bank of China signed a MoU to loan 32 million USD for the Goroka City Water Supply System Project in the Eastern Highlands Province, Papua New Guinea. China Railway Fifth Engineering Group Co.

Ltd. is the contractor for the project. According to the 2018 Budget Report, no Chinese financing has been committed for the Goroka Town Water Supply System. 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.