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CDB provides $54 million loan for Marçali Water Distribution Center Rehabilitation Project
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Government of Angola |
| Country | Angola |
| Start Date | Jan 01, 2013 |
| End Date | Jun 19, 2029 |
| Duration | 6,013 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 73913 |
Grant Description
CDB provides $54 million loan for Marçali Water Distribution Center Rehabilitation Project In 2013, China Development Bank (CDB) and the Government of Angola signed a $54 million loan agreement for the Marçali Water Distribution Center Rehabilitation Project.
The proceeds of the loan were used to finance a $68,521,991.68 commercial contract between China Gezhouba Group Company and Public Water Company of Luanda (EPAL), which was signed on August 8, 2011.
This project sought to increase the water distribution capacity of the Marçali Water Distribution Center by gravity to the neighborhoods of Maianga, Marçal and Zona Alta Nascente within Luanda Province. A groundbreaking ceremony was held on July 25, 2013 and the project was completed on October 16, 2015.
A completion ceremony was held on February 4, 2016.
Staff Comments
The Chinese project title is Marçali水配送中心 or 马央革配水中心 or 的安哥拉罗安达马央革配水中心项目. The Portuguese project title is Centro de Distribuição de Água do Marçal.
Sources & References
- 中国助力安哥拉饮水改造工程初见成效
- 葛洲坝集团签署安哥拉马萨尔水厂总承包合同
- DELEGAÇÃO DO BANCO DE DESENVOLVIMENTO DA CHINA CONSTATA OBRAS FINANCIADAS PELA INSTITUIÇÃO
- Projectos Estruturantes_ Energias
- Chinese Loans to Africa Database
- 安哥拉罗安达马央革配水中心项目开工
- 中国电建在安哥拉的又一张亮丽名片 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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