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Overview

Chinese Government provides grant for MA60 Aircraft Acquisition Project (Linked to Record ID#62569)

Commitments (Constant USD, 2023)$23,843,992
Commitment Year•2012Country of Activity•Lao People's Democratic RepublicDirect Recipient Country of Incorporation•Lao People's Democratic RepublicSector•Transport And StorageFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2012
Start (actual)
Oct 30, 2013
End (actual)
Oct 30, 2013

Stakeholders

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

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Laos

Implementing agencies

State-owned companies

  • Laos Aviation
  • Xi'an Aircraft Industry (Group) Co., Ltd. (XAC)

Loan desecription

Chinese Government provides grant for MA60 Aircraft Acquisition Project (Linked to Record ID#62569)

Narrative

Full Description

Project narrative

In 2012, the Chinese Government and the Government of Laos signed a grant agreement for the MA60 Aircraft Acquisition Project. The purpose of the project was to purchase two MA60 aircraft for Xi'an Aircraft Industrial Corporation (XAC). The aircraft were officially handed over to the local authorities on October 30, 2013. As of 2020, the two donated MA60s are still in service. China Eximbank provided a loan for the acquisition of two additional MA60 aircraft in 2006 (see Record ID#62569).

Staff comments

The Chinese project title is 老挝新舟60飞机. Each MA60 costs approximately $11 million. Therefore, in the absence of the actual grant commitment value, AidData imputes a face value of $22 million. This issue merits further investigation.