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
$ 3582781.24
Constant 2017 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Myanmar
Sector
Energy (Code: 230)
Flow type
Loan
Concessional
Vague
Category
Project lifecycle
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 unofficial sources
4
Details
Cofinanced
No
Receiving agencies [Type]
Myanmar Ministry of Industry [Government Agency]
Implementing agencies [Type]
China National Machinery Import & Export Corporation (CMC) [State-owned Company]
Loan type
No Information
Gurarantee provided
No
Insurance provided
No