Project ID: 34767

CAMCE pledges $33 million supplier’s credit for Palawan Fish Port Construction Project

Pledged amount

$ 65239708.18

Constant 2017 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

Supplier's Credit/Export Seller's Credit

Concessional

Vague

Category

Intent

Commercial (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

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2004

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 unofficial sources

4

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Philippine Department of Agriculture (DA) [Government Agency]

Loan type

No Information

Gurarantee provided

No

Insurance provided

No