Project ID: 1223

China Development Bank pledges to finance construction of cotton processing plant

Pledged amount

$ 20370093.85

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.

Summary

Funding agency [Type]

China Development Bank (CDB) [State-owned Policy Bank]

Recipient

Mozambique

Sector

Industry, mining, construction (Code: 320)

Flow type

Loan

Concessional

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2012

2012-01-01

Planned implementation start

Description

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

1

Number of unofficial sources

6

Download the dataset

Details

Cofinanced

No

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]

Loan type

Concessional

Gurarantee provided

No

Insurance provided

No