Project ID: 33807

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

Commitment amount

$ 22407103.23

Constant 2017 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Lao People's Democratic Republic

Sector

Transport and storage (Code: 210)

Flow type

Grant

Concessional

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-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 year

2012

Completion

2013

2013-10-30

Actual

Description

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 Project ID#62569).

Additional details

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.

Number of official sources

1

Number of unofficial sources

7

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Laos [Government Agency]

Implementing agencies [Type]

Laos Aviation [State-owned Company]; Xi'an Aircraft Industrial Corporation [State-owned Company]