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MOFCOM provides USD $30 million grant for electrification of Lusaka East Multi-Facility Economic Zone via September 2018 ETCA (Linked to Record ID#52175, #53208)
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of Zambia |
| Country | Zambia |
| Start Date | Sep 04, 2018 |
| End Date | Aug 22, 2028 |
| Duration | 3,640 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 88388 |
Grant Description
During the 2018 Forum on China-Africa Cooperation, held on September 3-4, 2018, Chinese President Xi Jinping reportedly announced a USD $30 million grant to the Zambian government for expanded electrification at the Lusaka East Multi-Facility Economic Zone after the signing of an Economic and Technical Cooperation Agreement (ETCA).
State House Spokesperson Amos Chanda specified that "the entire amount is not for the Multi-Facility Economic Zone [alone], but the grant is available to the Zambian government in any other economic cooperation agreements." It is unclear when this grant may have been disbursed, and if additional electrification ever commenced.
The Lusaka East Multi-Facility Economic Zone is also known as the Lusaka East Park or the Zambia-China Economic and Trade Cooperation Zone (ZCCZ) is run by the special purpose vehicle Zambia China Economic and Trade Cooperation Zone Development Co., Ltd. Previous Chinese loans that funded the project are captured in linked Record ID#52175 and Record ID#53208.
An additional US$30 million grant for the construction of an International Conference Center was also announced during 2018 FOCAC (captured in Record ID#57297).
Sources & References
- Govt acquires $30m Chinese loan to upgrade Mulungushi Conference Centre
- Zambia’s power company reportedly taken over by China after loan default
- Chinese government gives Zambia a grant of 30 million dollars
- Govt Acquires $30m Chinese Loan To Upgrade Mulungushi Conference Centre
- Govt acquires $30m Chinese grant to upgrade Mulungushi Conference Centre
- Remarks at the Luncheon in Honor of the Chinese Community in Zambia Hosted by H.E. Mr. Michael Chilufya Sata
- CHINA GRANTS ZAMBIA US$32MILLION FOR MICC EXPANSION, $60m conference facility has no strings attached, it is a gift from China - Mwale
- Chinese firm to undertake construction of modern conference center in Zambia.
- Tuesday, 18th June, 2019 House Discussion Script
- 援赞比亚国际会议中心项目实施协议在卢萨卡签署
- Zambia 2015 Bond Prospectus
- Chinese firm to construct modern conference center in Zambia
- SPEECH BY HIS EXCELLENCY DR. EDGAR CHAGWA LUNGU PRESIDENT OF THE REPUBLIC OF ZAMBIA
- AT THE GROUND-BREAKING CEREMONY FOR THE CONSTRUCTION OF THE INTERNATIONAL CONFERENCE CENTRE
- Zambia Selects Chinese Firm to Construct a state of the art multi-facility International Conference Center in Lusaka 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.
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Government of Zambia
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