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Overview

China NORINCO exported mining equipment and six large mining dump trucks to the Zimbabwe

Commitments (Constant USD, 2023)$680,049
Commitment Year•2006Country of Activity•ZimbabweDirect Recipient Country of Incorporation•ZimbabweSector•Transport And StorageFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2006
Start (actual)
Jul 10, 2006
End (actual)
Jul 10, 2006

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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The purpose of the project is to export mining equipment and six large mining dump trucks to Zimbabwe. More detailed locational information can be found at https://www.openstreetmap.org/node/282335934

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned companies

  • China North Industries Group Corporation Limited (NORINCO Group)

Receiving agencies

State-owned companies

  • Zimbabwe Mining Development Corporation (ZMDC)

Implementing agencies

State-owned companies

  • China North Industries Group Corporation Limited (NORINCO Group)
  • Zimbabwe Mining Development Corporation (ZMDC)

Loan desecription

China NORINCO exported mining equipment and six large mining dump trucks to the Zimbabwe

Narrative

Full Description

Project narrative

In 2006, China exported mining equipment and six large mining dump trucks to the Zimbabwe Mining Development Corporation in Harare. The trucks and additional equipment, valued at $362,400, were imported from China North Industries Corporation (NORINCO) with more than $300,000 USD as 'image ambassador' for the Chinese company. The equipment arrived on July 10, 2006.

Staff comments

Based on the vagueness of the media reports it is possible that either this equipment was donated in-kind with a supplemental $300,000 grant, or the equipment was purchased at a heavily concessional rate, or that the media report misrepresented the true cost of the mining equipment.