CAMCE pledges $33 million supplier’s credit for Palawan Fish Port Construction Project
Pledged amount
$ 75162520.022259
Adjusted pledged amount
$ 75162520.022259
Constant 2021 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
Chinese Agricultural, Machinery and Engineering Corporation (CAMCE Corp.) [State-owned Company]
Recipient
Philippines
Sector
Agriculture, forestry, fishing (Code: 310)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
In September 2004, Premiumware, a subsidiary of the state-owned Chinese Agricultural, Machinery and Engineering Corporation (CAMCE), agreed in principle to provide a $33 million supplier credit (loan) to the Philippine Department of Agriculture to develop a modern fish port with freezing and processing facilities in Palawan Province. The present status of this project is unknown.
Additional details
AidData has not identified any evidence that a supplier credit (loan) agreement was ever finalized, which is why the supplier credit agreement is coded as pledge.
Number of official sources
0
Number of total sources
4
Details
Cofinanced
No
Direct receiving agencies [Type]
Philippine Department of Agriculture (DA) [Government Agency]