Project ID: 32235

Chinese Government pledges $50 million loan to develop energy sector

Pledged amount

$ 50925234.62

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]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Cambodia

Sector

Energy (Code: 230)

Flow type

Loan

Concessional

Vague

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

Description

On September 14th 2012, China has offered to loan Cambodia 50 million US dollars every year to develop the Kingdom’s energy sector. The loan would be used for development of rural electicity; projects include building more dams to meet the country's energy demands, more power grids to so that the generated electricity can reach the locals from various districts as well as more substations so that the energy from high tension lines can be converted to those used on a local level.

Number of official sources

0

Number of unofficial sources

3

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Cambodia [Government Agency]

Loan type

No Information

Gurarantee provided

No

Insurance provided

No