Project ID: 34449

Chinese Government provides RMB 15 million loan for the New Generator Plant Construction Project in Sinde (linked to project #85365)

Commitment amount

$ 4127714.151544291

Adjusted commitment amount

$ 4127714.15

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Myanmar

Sector

Energy (Code: 230)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2004-01-01

Actual complete

2004-11-22

Description

In 2004, the Chinese Government and the Government of Myanmar signed an RMB 80 million loan agreement for various projects (recorded in project #85365). RMB 15 million of the loan proceeds were reportedly used to build a new generator plant in Sinde. Myanmar’s Ministry of Industry, which received the loan, purchased generator parts for this plant from China National Machinery Import and Export Corporation on November 22, 2004.

Number of official sources

1

Number of total sources

5

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Myanmar Ministry of Industry [Government Agency]

Implementing agencies [Type]

China National Machinery Import & Export Corporation (CMC) [State-owned Company]

Loan Details

Bilateral loan

Investment project loan