Project ID: 30606

ICBC signs funding support agreement for development in Tanzania

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Umbrella project

This project is classified as an "umbrella" project, and is connected to related projects.

Summary

Funding agency [Type]

Industrial and Commercial Bank of China (ICBC) [State-owned Commercial Bank]

Recipient

Tanzania

Sector

Unallocated/unspecified (Code: 998)

Flow type

Vague TBD

Concessional

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

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

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2013

Description

In March 2013, the Chinese Government and the Government of Tanzania signed multiple deals. Kenya's National Development Corporation and the Industrial and Commercial Bank of China (ICBC) signed the 'Funding Support Agreement for Development Project' (see 'Tanzania, China sign Agreements; vow continued cooperation').

Additional details

The specific project(s), financing amounts, and additional details are unknown.

Number of official sources

1

Number of unofficial sources

2

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Details

Cofinanced

No

Receiving agencies [Type]

National Development Corporation (NDC) of Tanzania [State-owned Company]