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China Eximbank and CDB provide $60 million loan for Porto Amboim Water Supply Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Angola |
| Country | Angola |
| Start Date | Jan 01, 2017 |
| End Date | Mar 13, 2031 |
| Duration | 5,184 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 65676 |
Grant Description
China Eximbank and CDB provide $60 million loan for Porto Amboim Water Supply Project In approximately 2017, China Eximbank and China Development Bank (CDB) provided a $60 million loan to the Government of Angola for the Porto Amboim Water Supply Project.
The proceeds of the loan were used to finance a $60,073,882.81 commercial contract with the Angolan subsidiary of CGC Overseas Construction (CGCOOTSE), which was signed on 25 November 2015.
This project involved the construction of modern water treatment facilities in the city of Porto Amboim within Cuanza-Sul Province.
It also involved the construction of a water pipeline that passes through the following villages: Bambala, Camulo I and II, Cazanga, Denda, Icuacua, Libata do Onze, Mucambe, Mussonga, palanca, Quindande and Quiteca. A ribbon-cutting ceremony was held in April 2017 but construction did not actually begin until 11 May 2017.
The project was reportedly completed, but its precise completion date is unknown.
According to CGC Overseas Construction, the implementation of this project increased Porto Amboim’s daily water supply capacity by 15,000 tons and it benefited 100,000 local residents.
Staff Comments
The Chinese project title is Chinese project name: 安博因供水项目 or 的安博因港供水项目 or 安哥拉安博因供水项目.This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.
Sources & References
- 安哥拉安博因供水项目
- 安哥拉安博因供水项目
- Reinforcement water supply system launched in Porto-Amboim
- PRINCIPAIS PERSPECTIVAS DO SECTOR DAS ÁGUAS NO ÂMBITO DO PROGRAMA NACIONAL DE DESENVOLVIMENTO
- Empresas chinesas ganham obras de USD 223 milhões para abastecimento de água
- 安哥拉安博因供水项目
- CUANZA SUL: LANÇADAS OBRAS NO ABASTECIMENTO DE ÁGUA EM PORTO-AMBOIM
- Chinese Loans to Africa Database
- Porto Amboim receives treated water five years later
- INSTITUTIONAL AND SUSTAINABILITY SUPPORT TO URBAN WATER SUPPLY AND SANITATION SERVICE DELIVERY 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
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