Overview

Chinese Government provides interest-free loan for 10 mobile fumigation chambers

Commitments (Constant USD, 2023)$3,430,777

Commitment Year•2003Country of Activity•PakistanDirect Recipient Country of Incorporation•PakistanSector•Agriculture, Forestry, FishingFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jul 23, 2003

Start (planned): Jul 23, 2003

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Pakistan

Implementing agencies

Government Agencies

Government of Pakistan

Loan description

Chinese Government provides interest-free loan for 10 mobile fumigation chambers

Interest rate (t₀)•0%Interest type•Fixed Interest Rate

Narrative

Full Description

Project narrative

On July 23, 2003, China agreed to provide an interest-free economic aid loan worth Rs.88 Million for the supply of 10 Mobile Fumigation Chambers with 4 Truck Heads to Pakistan. The equipment would be used by the department of Plant Protection for fumigation of exportable commodities mandated by International Plant Quarantine Convention and rules. Joint Secretary, Ministry of Food and Agriculture, Mr. Zaheer Ahmed and Economic and Commercial Counsellor, Mr. Ma Changlin, signed the agreement on behalf of their respective governments. The Mobile Fumigation Chambers would facilitate the exporters in exporting agriculture commodities under up graded quarantine measures. This project would also help streamline and augment Pakistani exports after meeting WTO conditions of health, quality, and standards of the products.