Chinese Government provides $11 million interest-free loan for Economic Housing Project

$11M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Angola
Country	Angola
Start Date	Jan 01, 2003
End Date	Oct 03, 2027
Duration	9,041 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`844`

Grant Description

Chinese Government provides $11 million interest-free loan for Economic Housing Project In 2003, the Chinese Government and the Government of Angola signed an $11 million interest-free loan agreement for an Economic Housing Project.

This project involved the construction of 195 economic housing units — within a 15,197 square meter area — in the city of Luanda. This project was ultimately completed but its exact implementation start and end dates are unknown.

📋 Staff Comments

The Chinese project title is 安哥拉经济住宅项目 or 195套15197平方米住房.

📚 Sources & References

China
Angola seek closer economic ties, china_data_032010[1].xlsx
Chinese Loans to Africa Database
Codebook for Assembling Data on China’ s Development Finance
海外大项目折射中国担当 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.