China Development Bank pledges to finance construction of cotton processing plant
Constant 2017 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Funding agency [Type]
China Development Bank (CDB) [State-owned Policy Bank]
Industry, mining, construction (Code: 320)
On June 18, 2010 the President of China Development Bank pledged a $20 million loan for the construction of a cotton processing plant in Magude. It is unknown if this pledge ever resulted in an official commitment.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Government of Mozambique [Government Agency]
Implementing agencies [Type]
Africa Great Wall Cement Manufacturer Company, Ltd. (非洲长城水泥制造有限) [Joint Venture/Special Purpose Vehicle]