Chinese Government provides grant for MA60 Aircraft Acquisition Project (Linked to Project ID#62569)
Constant 2017 USD
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Lao People's Democratic Republic
Transport and storage (Code: 210)
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).
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
Number of unofficial sources
Receiving agencies [Type]
Government of Laos [Government Agency]
Implementing agencies [Type]
Laos Aviation [State-owned Company]; Xi'an Aircraft Industrial Corporation [State-owned Company]