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Chinese Government provides RMB 80 million interest-free loan for Orotta Referral Hospital Construction Project (Linked to Record ID#30533)
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of Eritrea |
| Country | Eritrea |
| Start Date | Jan 01, 2000 |
| End Date | Oct 12, 2027 |
| Duration | 10,146 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 493 |
Grant Description
Chinese Government provides RMB 80 million interest-free loan for Orotta Referral Hospital Construction Project In 2000, the Chinese Government provided an RMB 80 million (equal to about $10 million) interest-free loan to the Government of Eritrea for the Orotta Referral Hospital Construction Project.
This project involved the construction of a 200-bed hospital in the capital city of Asmara in an area that occupies 10,000 square meters. About 100 Chinese workers were employed to support this project. China Tianjin International Economic and Technical Cooperation Group Corporation was the implementing contractor.
Construction began in October 2000 and the project was officially handed over to the Eritrean authorities on May 31, 2003.
In 2009, the Chinese Government provided a $5 million grant for the renovation and expansion of this hospital (see Record ID#30533).
Staff Comments
The Chinese project title is 奥罗特医院 or 奥特罗医院 or 援厄特奥罗特医院项目. Orotta Referral Hospital is also known as Mekane Hiwot Hospital or مستشفى ميكان هيوت.Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20-years by default and grace period to 10-years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20-years, with a drawdown period of 5-years, grace period of 5-years, and repayment over 10-years. AidData treats the drawdown period as providing 5-years of additional grace.
Sources & References
- Chinese-built Hospital Handed Over to Eritrea
- 中国援建的厄立特里亚奥罗特医院竣工, china_data_032010[1].xlsx
- China Commits Millions in Aid to Eritrea, http://english.peopledaily.com.cn/200306/01/eng20030601_117508.shtml
- 厄立特里亚的中国元素
- Codebook for Assembling Data on China’ s Development Finance
- Chinese Loans to Africa Database
- 中国对外开放30周年回顾展
- DRS Official Commitments from China through 2020 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 Eritrea
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