Home | News    Wednesday 24 April 2013

China approves major loans for S. Sudan to improve infrastructure

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April 23, 2013 (JUBA) - South Sudanese president Salva Kiir Mayardit said on Tuesday that the Chinese government has approved a major loan scheme to help his country improve infrastructure, adding that the agreement shows the level of cooperation between the two countries.

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President Salva Kiir delivers a speech before South Sudan National Legislative Assembly in Juba on Tuesday (Larco Lomayat)

Kiir made the remarks while opening the National Legislative Assembly after return from recess during which reiterated his commitment to return the country to war at all cost.

“I am happy to say that we have continued to work to improve and build upon our relations within the international community, both bilateral and multilateral. I would like to announce that we have agreed on a major loan scheme with the People’s Republic of China”, Kiir said.

The loans will cover the cost of major infrastructure projects, including the completion of Juba International Airport, which remains half-built.

“Our current airport has outgrown its capacity and we need a new airport building that will accommodate the huge air traffic in and out of South Sudan”, Kiir added.

He said the loans will also be used to begin the construction of key roads to connect the world’s newest state to neighbouring countries, as well as improve interstate connectivity, adding that better road infrastructure would improve communications and reduce internal transportation costs, subsequently lowering the cost of goods and movement.

Other developmental projects which will be implemented through the loans include the construction of major electricity schemes which will provide rapid improvements in both the standard of living for South Sudanese people, as well as encourage industrialisation and ease the expense of doing business in South Sudan. .

“These are crucial schemes. Without such improvements in communications and power supply, we will not be able to provide the fast development which our people demand, and so richly deserve”, said Kiir

He also announced the successful outcomes of the South Sudan Economic Partners Forum, hosted by the US state department between 16-17 April in Washington.

The former rebel commander turned politician said the US forum marked the start of an enhanced partnership with international actors to strengthen governance, political inclusiveness and sustainable development in South Sudan.

One of the major initiatives to come out of the forum is a private sector investment conference to be held in Juba later this year, which will be organised by South Sudan with support from international partners.

“We are in agreement that a thriving private sector is critical to job creation, improved livelihoods and economic growth,” Kiir said.

“The international private sector is most welcome to come [to the conference] and share in the fruits of our rapid development, and we look forward to learning from them, through effective skills transfer to our own people”, he explained to the law makers, mostly members of his ruling Sudan People’s Liberation Movement (SPLM) party.

The loan agreement comes after remarks reported by Xinhua by Chinese vice-president Li Yuanchao during a meeting with an SPLM delegation on 18 April, vowing to promote friendly relations with South Sudan.

Last April, Chinese president Hu Jintao also held talks with Kiir, where both leaders agreed to advance their partnership and expand pragmatic cooperation in all areas.

Hu said at the time that bilateral cooperation between the two countries is increasingly beneficial to the development of a new type of China-Africa strategic partnership, as well as regional peace and development.

China is South Sudan’s biggest oil investor and consumer, accounting for 82% of its oil exports.

(ST)

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  • 24 April 2013 06:22, by Lokang

    Look at this incompetent president. he is happy in getting the loan for they are going to direct the money into their personal accounts which they openned in Western world and, forgetting about the starving population with in the country. shame on this leadership of bourgeosism.

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    • 24 April 2013 06:35, by Turism

      Lokang, do you know the word you have written "incompetent" in my understanding i don’t see that this word is not fit in this sentence bcoz it is impossible to call the person who a tie deal to be given a loans is called Incompetent anyway i can’t blame you guy since people come from different backgrounds n different learning environment!

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      • 24 April 2013 06:43, by Lokang

        Turism, do you meant getting loans for the name of devloping the country and, later on diverted for individual satisfaction is competent? I can’t blame you since you put it right that people came from different background.

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        • 24 April 2013 08:00, by Turism

          Lokang, you are like a dog who follow people when the go the fishing bro(jong la meei) if i can ask you to give prove on that you will fail to me, who do think can put the money in his or her accounts if not what people lies.

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      • 24 April 2013 07:43, by Paul Chadrack

        This speech was given after two full cups of whisky, mr president we don’t expect any good things during your remaining term. better to keep quite and enjoy your loots.

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  • 24 April 2013 06:28, by omoni jr.

    Mr. thief,this new nation will be heavily indebted and the coming generation will eventually working to pay for loaned money without any development.please, avoid any stupid heavy borrowing of money.

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    • 24 April 2013 06:37, by Lokang

      That’s true Omoni Jr, young generation will be struggling paying off the debts that has done no little development to our country apart from the protruding bellies that, the top 75 thieves lead by mr rotten mouth president Kiir and his betrayal vice.

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    • 24 April 2013 06:41, by Turism

      Omoni Jr, you guy this arrogance will drive crazy, how can you people hate the loans of money since this are not pay in your pockets. Shame on you guys! TURISM

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      • 24 April 2013 06:45, by Lokang

        Turism, are you stupid? your uncles are using South Sudan resources for their own benefits and these resouces are not for indivdual.

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        • 24 April 2013 08:11, by Turism

          Lokang, if you are not mother fucken where do you think resource come from since the shutdown of oil has taken almost two years right naw, if you don’t know fund raising that coordinated with some donors then fuck your mother.

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      • 24 April 2013 06:50, by Malou Manyiel

        Turism,
        Unless when you lack sense. Omoni has put the point right. Loans every where will cause this country two things: 1. If all these loans accummulated, the countries owing will drive our government and economy to their interests. 2. It will affects the futur generations as they struggle to pay back the loans etc.

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        • 24 April 2013 08:07, by Turism

          Malou Manyiel, you are bulshits misbrought up child in your family what do you want to tell me about loans as you said this guy omoni jr put right, if you don’t have sense of investing some activities into frofit,that might be the problem you said money will be accummulated.

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    • 24 April 2013 07:01, by Malou Manyiel

      Every time, loan, loan loan, loan!! When will there be no loan? Why can we use and manage the local revenue generated to run those projects? For how long shall we depend on loans as basis for development? Do our government knows the agenda and interest behind these loans? Even Bible warns about having debts but I wonder why our goverment can’t learn the dangers of loans.

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  • 24 April 2013 06:53, by Gatluak P

    I don’t see great meaning for loaning those money. Because we all know that, they are going to end up into individual pocket. We already have 36 billion dollar in debt.

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    • 24 April 2013 07:20, by Tutbol

      Come to your senses fellows major infrastructures are often constructed with loans from the investors & i think China has been very good to African countries on these kind of things than the West who only want to take & take away everything the africans had but give little back to africa. The Chinese built the pipeline our oil flow through to port Sudan & N Sudan will pay it off. That is how it works people.

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      • 24 April 2013 07:30, by Malou Manyiel

        Tutbol,
        It is not bad to have loans if there is a limit. Our government’s loans have no limit at all. How many countries did our government take loans from this year alone? If every government official starting from president down to the last list talking about loans, how deep are we going into debts? Loans from the World Bank, the IMF and individuals countries! Hell no, this is too much.

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      • 24 April 2013 07:37, by Tutbol

        ... And i believe if the govt take all the oil revenues to build those infrastructures that our country badly needs & ignore others like health, education, salaries & others; then i think most people who are raving here would be the first to accuse the govt of neglecting its people. Those Chinese loans are not like the West loans that are given to african countries with their american Harvard experts in tow to lecture the africans on how those loans would be used.

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        • 24 April 2013 08:13, by Turism

          Tutbol, tell them they are new to the debate they thought the disscusion is for joking not for truth.

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      • 24 April 2013 07:58, by Gatluak P

        Tutbol’’ China has nothing to do with basically we complain of. I have pleased China incarcerated in vogue they make money through soft and smart way. But what we are talking about is that our nation is going to be paralyzed by loans. How do we or the future generations pay? so much loan for a short times and maybe not our last one. this is not good at all.

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    • 24 April 2013 10:30, by Rommel

      Gatluak P:
      The reason this incompetent government is borrowing money from international creditors is because they have failed us terribly... but we have not incurred 36 billion dollars in debt... that’s a cross for Sudan to bear, alone.
      Ayual, Twic-east.

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      • 24 April 2013 15:10, by Gatluak P

        Rommel
        thanks for your correction. Both Sudan has $ 38 billion in debt.

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        • 24 April 2013 16:32, by Rommel

          Gatluak P:
          You’re most welcome, Gatluak. Sudan’s debt no longer stands at $38 billion — it now stands a lot closer to $43 billion and we do not share any part in this debt. It is their debt, not ours. There is no "both", there is only *them*.

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  • 24 April 2013 07:26, by wang

    How much was the loans Mr. Theft. We have the right to know the total amount please, because you are leaving soon and were the ones who will pay that debt back…..

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    • 24 April 2013 08:37, by Nuer Empire

      Mr thief is addressing his parliament.Too many promises with few actions.

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    • 24 April 2013 08:49, by Nibs

      Kudos Wang, we’ve to know how much is debt.

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    • 24 April 2013 08:56, by Turism

      Wang, who are you know the amount loan that were given to ss govt you mean tell you amount of loans is like eating food or what, someone from no where to claim of amount fear of yourself! "from his or her mother house to ask the nation money" shame! shame! shame! shame!you guy.

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      • 24 April 2013 09:45, by Paul Chadrack

        whom do you think own this nation,warab;bhar el gazel?. we have every right to know how much money was borrowed by your boss the thief (Kiir) and how they used them.

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        • 24 April 2013 10:03, by Turism

          Paul Chadrack, what happen to you stupid idiot? what is itching your anus in my comment? i don’t mean the nation is for Warrap nor Barh el gazel but i said you local people you should know what taking place within the high office of the president that you claim of telling you amount of money loan from China. TURISM

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          • 24 April 2013 11:05, by Paul Chadrack

            stupid so call tourism,you’re really a tourist like what your people are now doing in the government,thier hearts are like winds which move any place.south sudan resources does’nt belong only to so call high office. we all know the president is now our big thief,how can he be entrusted again to keep public money?, what about millions stolen from his home bank? which high office are you telling us?

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  • 24 April 2013 09:19, by Tribe

    what is the loan for? you don’t go and take loan on thursday when you know your check is coming on friday. This’s not Africa way where you go to neighborhood shop and borough the money which u will end up not paying by dodging the owner until he resolved to a fist fight with u or let you just go. Besides Kiir seemed to be educated here if he actually was the one saying those words or else.

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  • 24 April 2013 11:19, by Tura Acuse

    let me assure u ma fellow citizen, Our out going President is aware of him losing that seat but he is forgetting that the one coming next will put him in jail. No country corrupted like South Sudan we bring them to book. kiir wanted what happen to Gidhaffy plus others u knows. Pliz dear president watch out ur future plus ur children leave them in a good face.

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  • 24 April 2013 12:12, by Kenyang

    Gen. Kiir,
    Talking of transparency (as this becomes your daily word,) how much money is your gov’t borrowing from China? The whole world must know it before you and your top officials steal or squander it....

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    • 24 April 2013 13:27, by winny

      @ Kenyang you are right man it is the matter of reaching to get loan but who is to make of the money? the money were taken by the name of the Republic of South Sudan, at the end of the day no accountabitiy of what is done with the money that, can bring bad image to the country. bse a lots of money were used by individual affairs.

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  • 24 April 2013 16:29, by steven

    This is very good news. Thanks to this loan the country can progress further and this will also improve the standard of life.

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