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China Development Bank provides loan for Boavista-Miramar-São Paulo Road Project
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Government of Angola |
| Country | Angola |
| Start Date | Jan 01, 2017 |
| End Date | Sep 18, 2030 |
| Duration | 5,008 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 66314 |
Grant Description
China Development Bank provides loan for Boavista-Miramar-São Paulo Road Project During a visit by China Development Bank (CDB) Chairman Zheng Zhijie to Angola in 2017, it was announced that CDB had financed the construction of the Boavista-Miramar-São Paulo road in the city of Luanda.
The project was reportedly completed, but precise project implementation start and end dates are unavailable.
Staff Comments
The Portuguese project title is Rodoviária que liga Boavista/Miramar/São Paulo. The Chinese project title is 建造Boavista-Miramar-SãoPaulo公路 (See: 中国国家开发银行保证继续向安哥拉提供财政支持).This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.
Sources & References
- Banco de Desenvolvimento da China garante continuação do apoio financeiro a Angola
- Head of State receives delegation from Chinese bank
- China Development Bank funds USD 1.5 billion projects
- Chefe de Estado recebe delegação do banco chinês
- Chefe de Estado recebe delegação do banco chinês
- Banco de Desenvolvimento da China constata obras
- Chefe de Estado recebe delegação do banco chinês
- 中国国家开发银行保证继续向安哥拉提供财政支持
- Chefe de Estado recebe delegação do Banco de Desenvolvimento da China
- 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
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