Completed Development AidData Chinese Aid

China Eximbank provides RMB 94.4 million government concessional loan for Power Supply to the Irrigation System of the Third N'Sukala Sugar Refinery Project (Linked to Record ID#1506)

¥94.4M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Mali
Country	Mali
Start Date	Oct 22, 2013
End Date	Dec 18, 2032
Duration	6,997 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`72350`

Grant Description

China Eximbank provides RMB 94.4 million government concessional loan for Power Supply to the Irrigation System of the Third N'Sukala Sugar Refinery Project On October 22, 2013, Mali’s Minister of Economy and Finance, Buare Feili Sissoko, and China’s ambassador to Mali, Cao Zhongming, signed a loan framework agreement for the Power Supply to the Irrigation System of the Third N'Sukala Sugar Refinery Project.

Then, a draft ordinance authorizing the ratification of an RMB 94.4 million government concessional loan (GCL) was signed in Bamako on October 30, 2013 and adopted during a Council of Ministers meeting chaired by Malian President Ibrahim Boubacar Keïta. In January 2014, The Malian government authorized the ratification of the loan in January 2014.

📋 Loan / Grant Terms

💰 Loan Amountincluded a 1% interest rate

💹 Interest Rate1%

The borrower was expected to repay the lender in 28 consecutive, semi-annual principal payments.

The project involved the provision of power supply to the irrigation system of the New Upper Kala Sugar Complex (Center-West).

More specifically, it involved the installation of pivot irrigators, the construction of an agricultural electricity network, and the strengthening of the capacity of the turbo-generators. The ultimate objective was to significantly increase sugar production in Mali.

China Light Industrial Corporation for Foreign Economic and Technical Cooperation (CLETC) was the contractor responsible for implementation. The project commenced on October 28, 2012 and concluded in February 2016.

📋 Staff Comments

This project is also known as the Power Supply of the Irrigation System of the New Upper Kala Sugar Complex (Center-West) Project. The French project title is l'alimentation électrique du système d'irrigation du Nouveau complexe sucrier du Kala supérieur (centre-ouest). The Chinese project title is 新糖联农业灌溉集中供电优项目 or 马里新糖联农业开垦项目 or 马里新糖联项目农业高压输变电工程.
The loan that supported this project is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.
This project is closely related to the China Eximbank financed Third N'Sukala Sugar Refinery Construction Project, which is captured via Record ID#1506.
According to the World Bank's Debtor Reporting System (DRS), the weighted average maturity of all official sector lending from Chinese creditors to government and government-guaranteed borrowing institutions in Mali was 19.967-years in 2013. AidData estimates the maturity of the China Eximbank loan that supported the Power Supply to the Irrigation System of the Third N'Sukala Sugar Refinery Project by using this figure. See https://www.dropbox.com/scl/fi/cujt9ufun0n79texgwmdr/February-2025-IDS-Extraction-Mali-s-Official-Sector-and-Private-Sector-PRC-Borrowings-and-Borrowing-Terms.xlsx?rlkey=51bkgjbp345u3409irrbpt8mm&dl=05. The loan's interest rate and (implied) grace period are drawn from https://finances.ml/sites/default/files/2023-09/BULL_STAT_DETTE_1er_SEM_2023_FINAL.pdf

📚 Sources & References

中国海诚签订马里项目土建施工合同
中国海诚工程科技股份有限公司第四届董事会第十五次会议决议公告
庆马里总承包项目胜利完工
公司总结马里新糖联总包项目并编制完成《农业开垦项目工作及管理流程》
Le gouvernement malien autorise la ratification d’un prêt accordé au Mali par la Bank Export-Import de Chine
Le gouvernement malien autorise la ratification d’un prêt accordé au Mali par la Bank Export-Import de Chine
中马政府签署新糖联农业灌溉集中供电优惠贷款项目框架协议事
我公司马里新糖联项目农业高压输变电工程全线完工
公司总结马里新糖联总包项目并编制完成《农业开垦项目工作及管理流程》
MC CRMT 2018-2020
BULLETIN STATISTIQUE DE LA DETTE PUBLIQUE
February 2025 IDS Extraction -- Mali's Official Sector and 'Private' Sector PRC Borrowings and Borrowing Terms 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.