Chinese Government provides interest-free loan for 10 mobile fumigation chambers
Commitment amount
$ 3714427.3206298226
Adjusted commitment amount
$ 3714427.32
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Pakistan
Sector
Agriculture, forestry, fishing (Code: 310)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
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.
Number of official sources
0
Number of total sources
1
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Pakistan [Government Agency]
Implementing agencies [Type]
Government of Pakistan [Government Agency]
Loan Details
Interest rate
0.0%