Project ID: 18699

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

Commitment amount

$ 736378.3484970294

Adjusted commitment amount

$ 736378.35

Constant 2021 USD

Summary

Funding agency [Type]

China North Industries Group Corporation Limited (NORINCO Group) [State-owned Company]

Recipient

Zimbabwe

Sector

Transport and storage (Code: 210)

Flow type

Grant

Infrastructure

No

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2006-01-01

Actual start

2006-07-10

Actual complete

2006-07-10

Geography

Description

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.

Additional details

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.

Number of official sources

0

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Zimbabwe Mining Development Corporation (ZMDC) [State-owned Company]

Implementing agencies [Type]

Zimbabwe Mining Development Corporation (ZMDC) [State-owned Company]

China North Industries Group Corporation Limited (NORINCO Group) [State-owned Company]