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Active Development AidData Chinese Aid

Chinese Government provides RMB 20 million interest-free loan for Quatre Bornes New Market Project

¥20M RMB

Funder China Ministry of Commerce
Recipient Organization Government of Mauritius
Country Mauritius
Start Date Jan 01, 2000
End Date Jul 14, 2033
Duration 12,248 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 20864
Grant Description

Chinese Government provides RMB 20 million interest-free loan for Quatre Bornes New Market Project On November 30, 2000, China’s Ministry of Commerce and the Government of Mauritius signed an RMB 20 million interest-free loan agreement for the Quatre Bornes New Market Project.

📋 Loan / Grant Terms
💰 Loan Amountcarries the following terms: 20 year maturity
📅 Maturity20 years
⏳ Grace Period10 years
💹 Interest Rate0%

The proceeds of the loan were to be on-lent to the Municipal Council of Quatre Bornes for the construction of a new market place in Quatre Bornes. The implementation status of this project is unknown.

📚 Sources & References
  • http://www.gov.mu/portal/site/pmosite/menuitem.4ca0efdee47462e7440a600248a521ca/?content_id=6d180bd3bcff7010VgnVCM100000ca6a12acRCRD, www.gov.mu/portal/goc/mof/files/20032004/memo1.doc
  • DraftCapital Budget2003-2004with memorandum
  • Memorandum of Capital Budget
  • Quatre Bornes, www.gov.mu/portal/goc/mof/files/20032004/memo1.doc
  • ChinaLoansToAfrica©SAIS-CARI.csv
  • IMPACT OF CHINA – AFRICA INVESTMENT RELATIONS: AN IN-DEPTH CASE STUDY OF MAURITIUS 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 Mauritius

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