Active Mixed AidData Chinese Aid

China Eximbank, CDB, and Silk Road Fund agree in principle to provide loan for Gâra Djebilet Integrated Phosphates Project

Funder	China Development Bank (CDB)\|Export-Import Bank of China (China Eximbank)\|Silk Road Fund Co., Ltd. (SRF)
Recipient Organization	Algerian Chinese Fertilizers Company (ACFC)
Country	Algeria
Start Date	Mar 01, 2022
End Date	Dec 20, 2027
Duration	2,120 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`104347`

Grant Description

China Eximbank, CDB, and Silk Road Fund agree in principle to provide loan for Gâra Djebilet Integrated Phosphates Project In March 2022, two Algerian firms (Manal and Asmidal) and two Chinese firms (Wuhuan Engineering and Tian’An Chemical or 中国五环工程有限公司) signed an agreement to establish a joint venture -- called Algerian Chinese Fertilizers Company (ACFC) -- that will develop an integrated phosphates project (PPI) in Algeria.

The Algerian firms will own 56% of the new company while the Chinese companies will own the remaining 44% stake.

China Eximbank, CDB, and Silk Road Fund have reportedly agreed -- at least in principle -- to finance the $7 billion Gâra Djebilet Integrated Phosphates Project.

The project scope includes (a) the development and exploitation of the phosphate deposits of Bled El Hadba, Djebel Onk, Tebessa; (b) the transformation of phosphates into fertiliser; and (c) the construction of facilities at the port of Annaba. A foundation stone laying ceremony for the project took place in December 2023.

Then, in July 2025 the first 135 km priority section of a railway line connecting Tindouf with the Gâra Djebilet (Gara Djebilet) mine was completed.

📋 Staff Comments

This project is also known as the Gâra Djebilet Mine Project and the Bled El Habda integrated phosphate megaproject. The Chinese project title is 合成磷酸盐项目 or 阿尔及利亚矿肥综合体项目 or 阿尔及利亚磷矿矿肥综合体项目.
There is a reference to China co-financing here: https://www.aps.dz/economie/119918-mine-de-fer-de-ghar-djebilet-un-projet-cofinance-par-l-algerie-et-la-chine.

📚 Sources & References

中企签约阿尔及利亚磷酸盐一体化项目
中企与阿尔及利亚签署磷酸盐开发合作文件
Algerian and Chinese firms sign $7bn JV deal for phosphate mining
Sonatrach and Chinese Partners Plan Algerian Phosphates Project, “The New Algeria” and China
Nearly ten billion! Algeria plans to invest in large iron mines
Signature d’un mémorandum entre l’entreprise FERAAL et le consortium chinois CMH
阿尔及利亚特本总统给Gara Djebilet铁矿的矿石加工厂以及配套铁路线项目奠基
Mines: Gara Djebilet project startup to be determined in September
Development of Gara Djebilet-West mine: Partnership agreement between FERAAL
Chinese CMH
Complementarities and commonalities
Fonds national des investissements : Participation au financement des projets de phosphate et de Gara Djebilet
Mine de fer de Ghar Djebilet: un projet cofinancé par l'Algérie et la Chine
Le FNI participe au financement des projets du Phosphate et de Gara Djebilat
Gâra Djebilet mine
中国资金支持境外 EPC 总承包项目融资模式介绍及阿尔及利亚实施探讨
Algeria : Construction Works of Tindouf-Gara Djebilet Railway Line Completed
程军
中国化学、云天化签约阿尔及利亚首个磷酸盐一体化项目，规划总投资额约70亿美元 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.