Completed Development AidData Chinese Aid

China Eximbank provides loan for Phase 2 of the Saurimo Municipal Hospital Construction and Equipping Project

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Angola
Country	Angola
Start Date	Jan 01, 2013
End Date	Jul 12, 2029
Duration	6,036 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`73795`

Grant Description

China Eximbank provides loan for Phase 2 of the Saurimo Municipal Hospital Construction and Equipping Project On 3 January 2013, the Government of Angola and China Eximbank signed a loan agreement for Phase 2 of the Saurimo Municipal Hospital Construction and Equipping Project.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

The loan was approved under a larger China Eximbank credit line, but it is not clear which specific credit line was utilized.

The proceeds of the loan use to be used by the borrower partially finance a $17.5 million commercial contract with Sinohydro.

The purpose of this project is to construct and equip Saurimo Municipal Hospital in Lunda Sul Province which is also known as Lunda Sul General Hospital and Hospital Geral de Saurimo. This project encountered various delays; however, it was officially completed and inaugurated on 17 October 2020.

📋 Staff Comments

This project is also known as the Lunda Sul General Hospital Construction and Equipping Project. The Portuguese project title is Construção e Apetrechamento do Hospital Geral da Lunda Sul - Fase II or Construção e Apetrechamento do Hospital Municipal de Saurimo - Fase II.This loan is not included in the database of Chinese loan commitments that SAIS-CARI released in July 2020.

📚 Sources & References

Inauguração do Hospital Geral e a Maternidade da Lunda Sul pelo Presidente da República
Hospital Geral apresenta padrões arquitectónicos ultrapassados
Três grupos chineses vão executar obras em Angola financiadas pelo Banco ExIm da China
Hospital Geral de Saurimo
Chinese Loans to Africa Database
RESOLUÇÃO N2239/FP/2014 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.