CAMCE pledges $33 million supplier’s credit for Palawan Fish Port Construction Project
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.
Funding agency [Type]
Chinese Agricultural, Machinery and Engineering Corporation (CAMCE Corp.) [State-owned Company]
Agriculture, forestry, fishing (Code: 310)
Supplier's Credit/Export Seller's Credit
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.
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
Number of unofficial sources
Receiving agencies [Type]
Philippine Department of Agriculture (DA) [Government Agency]