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China Eximbank provides RMB 69.4 million government concessional loan for the Kampala City Council (KCC) Procurement of Equipment Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Uganda |
| Country | Uganda |
| Start Date | Feb 23, 2009 |
| End Date | Aug 21, 2026 |
| Duration | 6,388 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 11579 |
Grant Description
China Eximbank provides RMB 69.4 million government concessional loan for the Kampala City Council (KCC) Procurement of Equipment Project On April 15, 2008, the Ugandan Parliament approved an RMB 69,437,058 ($10,236,911.38) government concessional loan (GCL) agreement [CHINA EXIMBANK GCL NO. (2009) 9 TOTAL NO. (260)] between the Government of Uganda and China Eximbank for the Kampala City Council (KCC) Procurement of Equipment Project.
The GCL agreement was finalized on February 23, 2009.
According to the Government of Uganda’s Aid Management Platform (AMP), this loan achieved a 99.3% disbursement rate, with China Eximbank making 2 loan disbursements (worth $10,171,692.42) in 2009: a $5,085,958.10 disbursement on May 14, 2009, and a $5,085,734.33 disbursement on December 11, 2009.
According to the Uganda Ministry of Finance, Planning, and Economic Development's Report on Public Debt, Grants, Guarantees and Other Financial Liabilities for Financial Year 2021/2022, as of December 31, 2021, total loan disbursements amounted to $10,904,060.71 and the loan’s amount outstanding (including arrears) was $5,088,561.67.
The purpose of the loan was to facilitate the acquisition of road repair and sanitation equipment for Kampala City Council. It was part of a larger effort to address the severe disrepair of local infrastructure in Kampala. The equipment was supplied by First Automobile Works (also known as FAW Group Corporation).
However, the project's precise commencement and completion dates are unknown. The originally scheduled project completion date was June 30, 2014.
Staff Comments
- This project is also known as the Kampala Institutional & Infrastructure Development Project.
- The Government of Uganda’s agreement code for the GCL agreement is L-0430. The system identification number in the Government of Uganda’s Aid Management Platform (AMP) is 872992582.
- This project was also supported by a $32,400,589.10 loan from the World Bank’s International Development Association (IDA).
- The loan agreement can be accessed in its entirety via https://www.dropbox.com/s/7comfnarw4z3924/Equipment%20Supply%20to%20Local%20Governments%20Project%20%28Phase%202%29.pdf?dl=0
Sources & References
- China gives Uganda $77 mln aid to boost development, http://www.parliament.go.ug/hansard/hans_view_date.jsp?dateYYYY=2008&dateMM=05&dateDD=15
- KAMPALA INSTITUTIONAL & INFRASTRUCTURE DEVELOPMENT PROJECT
- KAMPALA INSTITUTIONAL & INFRASTRUCTURE DEVELOPMENT PROJECT - AMP Dec 2024
- Loan agreement
- MARCH 2015 VALUE FOR MONEY AUDIT REPORT
- MINISTRY OF FINANCE
- PLANNING AND ECONOMIC DEVELOPMENT
- Parliament approve sh17b loan
- Qingqi Company exported 42 fire trucks to Uganda
- REPORT ON PUBLIC DEBT
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- OTHER FINANCIAL LIABILITIES AND GRANTS FOR FINANCIAL YEAR 2020/21
- REPORT ON PUBLIC DEBT
- GUARANTEES,OTHER FINANCIAL LIABILITIES AND GRANTSFOR FINANCIAL YEAR 2017/18
- ROAD EQUIPMENT DISTRICT UNITS- MOLG
- Uganda's Aid Management Platform
- Uganda: Parliament approves 10m dollar-loan from Chinese bank 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 Uganda
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