Active Development AidData Chinese Aid

CDB pledges $77.4 million loan for Luanda Household Water Connections Project (Linked to Record ID#65679)

$77.4M USD

Funder	China Development Bank (CDB)
Recipient Organization	Government of Angola
Country	Angola
Start Date	Jan 01, 2013
End Date	Jan 11, 2028
Duration	5,488 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`65674`

Grant Description

CDB pledges $77.4 million loan for Luanda Household Water Connections Project In 2013, China Development Bank (CDB) and the Government of Angola negotiated over a potential $77,404,765.10 loan agreement for the Luanda Household Water Connections Project.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

The proceeds of the loan were to be used to finance a $96,755,956.37 commercial contract between Sinohydro and the Public Water Company of Luanda (EPAL). It is unclear if CDB ultimately approved a loan for this project. The purpose of this project was to increase access to potable water in Luanda Province.

A groundbreaking ceremony took place on 25 April 2012. In 2013, ICBC formally signed a financing agreement providing $129.9 million for this same project (see #65679). Therefore, CDB likely never signed a final loan agreement because ICBC stepped in instead.

📋 Staff Comments

The Portuguese project title is Ligações Domiciliares nas Redes de Distribuição de água de Luanda. The Chinese project title is 建的安哥拉罗安达供水入户连接工程 or 建的安哥拉罗安达供水入户连接工程项目. This loan is not included the database of Chinese loan commitments that SAIS-CARI released in July 2020.

📚 Sources & References

中国国家开发银行保证继续向安哥拉提供财政支持
Construction of two water catchment systems in Luanda announced
Angola: Marçal Centre to supply 70.000 cubic meters of water
China Development Bank delegation visits works in Luanda, [2017-02-15] China Development Bank guarantees continued financial support to Angola
葛洲坝集团签署安哥拉马萨尔水厂总承包合同
中国助力安哥拉饮水改造工程初见成效
水电十三局承建的安哥拉罗安达马央革配水中心项目开工, 1st Series
PR delega ministro a negociar empréstimo
DELEGAÇÃO DO BANCO DE DESENVOLVIMENTO DA CHINA CONSTATA OBRAS FINANCIADAS PELA INSTITUIÇÃO
中国水电承建的安哥拉罗安达供水入户连接工程开工
安哥拉罗安达供水入户连接工程由中电建承建开工
Esquema De Abastecimento De Água De Sistema IV Bita– EVT
水电十三局安哥拉罗安达入户连接工程通水
Delegação do Banco de Desenvolvimento da China constata obras financiadas pela instituição
DR n.º 179 - 18.09.2013
ANGOLA: CENTRO DO MARÇAL DISTRIBUIRÁ 70 MIL METROS CÚBICOS DE ÁGUA
Chinese Loans to Africa Database 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 Angola

Interested in applying for this grant?

Complete our application form to express your interest and we'll guide you through the process.

Apply for This Grant