China: Hatuna nia ya kukamata mradi wowote Afrika kwa sababu ya mkopo

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No project in Africa has been ‘seized’ by China due to inability to repay loans: Chinese Embassy in Uganda

By Global TimesPublished: Nov 29, 2021 01:08 PM Updated: Nov 29, 2021 01:39 PM


Aerial photo taken on July 11, 2020 shows the Karuma hydropower project under construction along the River Nile in Kiryandongo.district of Uganda. Photo:Xinhua

Aerial photo taken on July 11, 2020 shows the Karuma hydropower project under construction along the River Nile in Kiryandongo.district of Uganda. Photo:Xinhua

The Chinese Embassy in Uganda on Sunday pushed back against foreign media speculations that China would "seize" control of Uganda's main international airport after the country failed to repay loans, saying that no project in Africa has been "seized" by China due to inability to replay loans.

Malicious speculation that Uganda sacrificed core assets to raising Chinese fund has no factual basis and distort the traditional friendship between China and developing countries, including Uganda, a spokesperson for the embassy said.

"No project in Africa has ever been 'seized' by China because it could not repay its loan. On the contrary, China firmly supports and is willing to continue to make efforts to improve Africa's capacity for independent development," the spokesperson said.

The loan contract for Uganda's Entebbe International Airport reconstruction project was finalized in March, 2015, under which the Export-Import Bank of China offered $200 million in loan. Despite impact from the COVID-19 pandemic, the project has progressed smoothly and 75.1 percent of the work has been completed thanks to concerted efforts by Chinese firms and relevant Uganda authorities, according to the spokesperson, adding that the airport will be delivered by the end of 2022.

The spokesperson further noted that contracts for the project is in line with international financing rules. "China-Uganda cooperation always adheres to the principles of openness, transparency, equality and mutual benefit. All loan agreements, including the Entebbe Airport reconstruction and expansion project, are voluntarily signed by both parties through dialogue and negotiation. There are no hidden terms and no political conditions are attached," the spokesperson said.

In addition to the airport project, China has also provided financial support in multiple sectors of the Ugandan economy, including agriculture, education, medical, sanitation and social infrastructure, according to the embassy.

Global Times
 
Waweke basi huo mkataba wa mikopo mtandaoni tuusome. Wanaogopa wananchi wao wakiusoma wataona nchi yao imeshauzwa kwa sababu mikopo hailipiki kwa namna yoyote ile. Ni aidha Mchina akusamehe deni kitu ambacho hajawahi kukifanya na kamwe hatokifanya au mkubaliani vingine. Tit for tat.

Mababu zetu waliuza Afrika kwa wakoloni kwa kuwa walikuwa hawana uzeofu, elimu ya kuona wanatapeliwa. Hawa viongozi wa sasa wana uzeofu, wana elimu ila wamejaa tamaa na ubinafsi. Mambo ni yale yale.
 
Waweke basi huo mkataba wa mikopo mtandaoni tuusome. Wanaogopa wananchi wao wakiusoma wataona nchi yao imeshauzwa kwa sababu mikopo hailipiki kwa namna yoyote ile. Ni aidha Mchina akusamehe deni kitu ambacho hajawahi kukifanya na kamwe hatokifanya au mkubaliani vingine. Tit for tat.

Mababu zetu waliuza Afrika kwa wakoloni kwa kuwa walikuwa hawana uzeofu, elimu ya kuona wanatapeliwa. Hawa viongozi wa sasa wana uzeofu, wana elimu ila wamejaa tamaa na ubinafsi. Mambo ni yale yale.
Huo mkataba wauweke hapa,hivi wewe unapokopa huwa unaonesha mkataba wa mkopo wako hapa?

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‘Welcome to China-Entebbe International Airport’ is the new name the Chinese have named Uganda’s Entebbe international airport after the east African nation failed to pay a US$200million loan it acquired from a Chinese bank.
In 2015, Uganda borrowed US$200 million from the Export-Import Bank of China to expand the Entebbe airport but has since failed to payback. This loan was budgeted for building a new passenger terminal, cargo centre and fuel centre to be completed in 2021.
Expansion project aimed to increase the passenger terminal’s capacity from the current 410 arriving and 320 departing passengers to 930 arriving and 820 departing passengers during peak hours.
Entebbe International Airport officially inaugurated in 1951 is located roughly 40km from Uganda’s capital city Kampala.
Entebbe International Airport is anticipated to handle 6.1 million passengers and 172,000t of cargo a year by 2033.
Meanwhile, following china’s takeover of Entebbe Airport, the government of Uganda has apologized for mishandling the loan.
Uganda is said to be negotiating with the Chinese to change some of the clauses in the 2015 agreement.
Among the clauses that the government wants to change is the need for the Uganda Civil Aviation Authority to seek approval from the Chinese lender for its budget and strategic plans.
Another rule mandates that any dispute between the parties will have to be resolved by the China International Economic and Trade Arbitration Commission according to local media reports.
 
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