December 31, 2005

Chinese to build power plant in Port Sudan

An agreement has been signed in 2005 that will lead to the construction of a 520 MW coal fired electrical power plant in Port Sudan, at a cost of $512 million [US].

Funding is being provided by Ex-im Bank, China and construction is by Shandong Electric Power Constr. Corp.

Recorded in "Building Bridges: China's Growing Role as Infrastructure Financier for Africa" Trends and Policy Options - Infrastructure #5. World Bank, PPIAF.

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