Active Development AidData Chinese Aid

China Eximbank provides 100 million government concessional loan for Third Phase of Jamaica Water System Rehabilitation & Extension Project (Linked to Record ID#56752)

¥100M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Jamaica
Country	Jamaica
Start Date	Feb 01, 2005
End Date	Jan 11, 2028
Duration	8,379 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`69263`

Grant Description

China Eximbank provides 100 million government concessional loan for Third Phase of Jamaica Water System Rehabilitation & Extension Project On February 1, 2005, China Eximbank and the Government of Jamaica signed a RMB 100 million government concessional loan (GCL) agreement for the Third Phase of the Jamaica Water System Rehabilitation & Extension Project.

📋 Loan / Grant Terms

💰 Loan Amountcarried the following borrowing terms: a 15 year maturity

📅 Maturity15 years

⏳ Grace Period5 years

The first scheduled date of loan repayment was September 9, 2010 and the final date of scheduled loan repayment was September 21, 2020. As of October 30, 2021, the loan had achieved a 99.9% disbursement rate (RMB 99,999,999.75 out of RMB 100,000,000). Its outstanding amount was zero as of October 30, 2021.

China National Corporation for Overseas Economic Cooperation was the contractor responsible for project implementation, and through this project, China Eximbank funded the acquisition of water pipes and equipment, which was earmarked for projects in several areas including the Kellits Water Supply in Clarendon, the Albert Town Water Supply in Trelawny, the Mile Gully Water Supply in Manchester, the Elderslie Water Supply in St.

James, Goshen in St. Elizabeth, Broadgate in St. Mary and the Higgin Town Water Supply in St. Ann as well as a number of water supply projects in Central Westmoreland. The first set of pipes arrived on January 1, 2006 and the China Eximbank loan was fully disbursed.

📋 Staff Comments

The completion date of this project is unknown, but the China Eximbank loan that funded the project fully disbursed. Thus, AidData codes the status of the project as having reached the implementation stage.
The China Eximbank-financed Second Phase of the Jamaica Water System Rehabilitation & Extension is captured in Project ID#56752.

📚 Sources & References

Correspondence between AidData Executive Director and Jamaica MOF representative
牙买加水利和住房部长多纳德 • 布坎南在出席我援牙供水管道项目物资接收仪式上的讲话
Ambassador Zhao Zhenyu Attended the Official Reception & Unloading of Shipment of Pipes from China
Communities to Benefit From China/Jamaica Water Project
THE NATIONAL WATER COMMISSION FINANCIAL STATEMENTS 2006
China-Latin America Finance Database
Correspondence between AidData and Jamaican Ministry of Finance and Public Service
Status of Loans from China, 12/31/2018
Status of Loans from China, 10/31/2021
Financial Statements & Revenue Estimates 2006-2007
Financial Statements & Revenue Estimates 2007-2008
Financial Statements & Revenue Estimates 2008-2009
Financial Statements & Revenue Estimates 2009-2010
Financial Statements & Revenue Estimates 2010-2011
Financial Statements & Revenue Estimates 2011-2012
Financial Statements & Revenue Estimates 2012-2013
Financial Statements & Revenue Estimates 2013-2014
Financial Statements & Revenue Estimates 2014-2015
INDEX TO FINANCIAL STATEMENTS AND REVENUE ESTIMATES, 03/31/2017
Financial Statements and Revenue Estimates 2003-2004 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 Jamaica

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