Project ID: 1223

China Development Bank pledges to finance construction of cotton processing plant

Pledged amount

$ 23482471.158516902

Adjusted pledged amount

$ 23482471.158516902

Constant 2021 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

Level of public liability

Central government debt

Infrastructure

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

2012-01-01

Planned start

2012-01-01

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 total sources

7

Download the dataset

Details

Cofinanced

No

Direct 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 Details

Bilateral loan

Investment project loan