Chinese government provides preferential loan of 16.7 million USD for a Lao Airlines hangar and maintenance training center project

Project ID:
35759
Project Description:

Lao Airlines State Enterprise (LASE) will spend about 134 billion kip (US$16.7 million) to build a Lao Airlines aircraft hangar and a Maintenance and Training Centre. The project is being financed by a preferential loan from the Chinese government and will run for 18 months from November 15, 2010, to March 15, 2012. The loan amount also covers the development strategy of the Lao national carrier over the next ten years or till 2020, according to Director General of the Lao Airlines state enterprise Somphone Douangmala. The project covers an area of 36,400 square meters with a total construction area of about 15,000 square meters. It involves constructions of maintenance hangar, training center, corridors, parking lot, outdoor facilities and landscaping, etc. It was implemented by the Consortium of Xi_„Žan Aircraft Industry (Group) Company Ltd.; and Yunnan Construction Engineering Group Co., Ltd. (contractor) STAFF_NOTE one source lists the amount as $1.67 million rather than $16.7 million but this could be a typo.

Project Details

Official Citation

For academic purposes: Dreher, A., Fuchs, A., Parks, B.C., Strange, A. M., & Tierney, M. J. (2017). Aid, China, and Growth: Evidence from a New Global Development Finance Dataset. AidData Working Paper #46. Williamsburg, VA: AidData.

For other (non-academic) purposes: AidData. 2017. Global Chinese Official Finance Dataset, Version 1.0. Retrieved from http://aiddata.org/data/chinese-global-official-finance-dataset.

Documentation

All fields in the dataset are listed below. Descriptions of each field are taken dataset's Readme file. You can download this file along with the whole dataset at aiddata.org/data/chinese-global-official-finance-dataset

About This Record

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  • project_id

    35759

    Field Definition

    From the dataset Readme

    Unique identification number assigned to every project in the dataset. Within the dynamic, online version of the dataset (at china.aiddata.org), projects can be accessed with their unique identification numbers by using the “Access project by ID” function.

  • title

    Chinese government provides preferential loan of 16.7 million USD for a Lao Airlines hangar and maintenance training center project

    Field Definition

    From the dataset Readme

    Short phrase describing the nature of a given project

  • description

    Lao Airlines State Enterprise (LASE) will spend about 134 billion kip (US$16.7 million) to build a Lao Airlines aircraft hangar and a Maintenance and Training Centre. The project is being financed by a preferential loan from the Chinese government and will run for 18 months from November 15, 2010, to March 15, 2012. The loan amount also covers the development strategy of the Lao national carrier over the next ten years or till 2020, according to Director General of the Lao Airlines state enterprise Somphone Douangmala. The project covers an area of 36,400 square meters with a total construction area of about 15,000 square meters. It involves constructions of maintenance hangar, training center, corridors, parking lot, outdoor facilities and landscaping, etc. It was implemented by the Consortium of Xi_„Žan Aircraft Industry (Group) Company Ltd.; and Yunnan Construction Engineering Group Co., Ltd. (contractor) STAFF_NOTE one source lists the amount as $1.67 million rather than $16.7 million but this could be a typo.

    Field Definition

    From the dataset Readme

    1-2 paragraph comprehensive summary of the activities supported by the project. See page 15 of the methodology for a detailed explanation of how this variable is recorded.

  • status

    Completion

    Field Definition

    From the dataset Readme

    Tracks the progression of a project. Labels include: Pipeline: Pledge, Pipeline: Commitment, Implementation, Completed, Suspended, Cancelled.

  • recommended_for_research

    TRUE

    Field Definition

    From the dataset Readme

    This field identifies projects that AidData recommends including for normal research & financial analysis. It is equal to "TRUE" for all projects except for those that are marked as umbrella projects, pledges, cancelled, or suspended projects. We recommend excluding the projects marked "FALSE" because the umbrella projects and projects with a status of pledged, cancelled, or suspended likely represent double counting or would lead to including flows that were never fully committed/implemented. This field is meant to make it easier for users to clearly identify the set of projects that we recommend using to better understand the volume and composition of Chinese Official Finance.

  • umbrella

    0

    Field Definition

    From the dataset Readme

    This field identifies projects where some agreement was signed between two countries but the funds were not allocated at the original agreement date, only to be allocated through smaller projects later on. Given the nature of TUFF data collection, it is likely that the smaller projects that relate to these umbrella projects were captured elsewhere in the dataset. To avoid double counting, we suggest users do not include records that are marked as umbrella projects in financial analysis. All general lines of credit are also marked as umbrella projects.

  • is_ground_truthing

    FALSE

    Field Definition

    From the dataset Readme

    A binary marker that indicates when a project has been verified with in-country field research.

Funder

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  • donor

    China

    Field Definition

    From the dataset Readme

    Entity providing assistance to recipient country. This can be a sovereign state or multilateral organization providing assistance to a recipient country. For this dataset, the donor will always be China.

  • funding_agency

    Export-Import Bank of China, Government Agency; Yunnan Construction Engineering Group Corporation (YNJG), State-Owned Company

    Field Definition

    From the dataset Readme

    Donor agency that provided the funding.

  • implementing_agency

    Xi'an Aircraft Industrial Corporation, State-Owned Company

    Field Definition

    From the dataset Readme

    Agency that implemented the project. Could be from the donor, recipient or other parties.

  • cofinancing_agency

    Field Definition

    From the dataset Readme

    Cofinancing agencies or other agencies involved in the project

Recipient

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  • recipient_condensed

    Laos

    Field Definition

    From the dataset Readme

    Recipient country. If multiple countries were identified as recipients, this field identifies the smallest regional grouping that all specified countries belong to.

  • recipient_region

    Asia

    Field Definition

    From the dataset Readme

    Region of the recipient country.

  • location_details

    Vientiane

    Field Definition

    From the dataset Readme

    The subnational locations where projects occurred.

  • recipient_agencies

    Field Definition

    From the dataset Readme

    Recipient agencies that are involved in the project.

  • recipient_agencies_count

    Field Definition

    From the dataset Readme

    Number of recipient agencies that are involved in the project.

  • all_recipients

    Laos

    Field Definition

    From the dataset Readme

    The recipient entity or entities receiving official finance from a donor entity. A project record can have multiple recipients in cases where a donor entity is providing financing, goods or services to more than one country through a single project. This field provides a pipe-delimited list of all recipients specified as receiving official finance from a donor entity.

  • recipient_count

    1

    Field Definition

    From the dataset Readme

    number of recipient countries identified

Amount

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  • amount

    134,000,000,000

    Field Definition

    From the dataset Readme

    Monetary amount pledged or committed by the donor entity for the completion of a project.

  • currency

    LAK

    Field Definition

    From the dataset Readme

    Currency associated with the monetary amount for a project.

  • usd_defl_2014

    20,406,373

    Field Definition

    From the dataset Readme

    Deflated monetary equivalent of reported monetary amount in reported currency to 2014 U.S. Dollars

  • usd_current

    16,225,176

    Field Definition

    From the dataset Readme

    Nominal USD value of the amount specified for the project

  • deflators_used

    0.795103379

    Field Definition

    From the dataset Readme

    Deflator value calculated based on AidData methodology (which mimics OECD deflation methodology) using World Bank sources. Deflator is calculated using donor country inflation and change in buying power.

  • exchange_rates_used

    8258.770086

    Field Definition

    From the dataset Readme

    Exchange rate used to change the specified currency of the original amount into USD.

Flow Type

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  • flow

    Loan (excluding debt rescheduling)

    Field Definition

    From the dataset Readme

    Details on how financial flows, goods or services are transferred from the donor to recipient for a project. Flow types include: Debt Forgiveness, Debt Rescheduling, Export Credits, Foreign Direct Investment, Freestanding Technical Assistance, Grant, Loan, Joint Venture with Recipient, Scholarships/Training in Donor Country, and Strategic/Supplier Credit

  • flow_class

    ODA-like

    Field Definition

    From the dataset Readme

    Coders are also instructed to assign all projects to one of the following flow class categories: ODA-like, OOF-like, Vague (Official Finance), Official Investment, Official Religious Aid 1, and Official Religious Aid 2. More details on these flow categorizations can be found in Tuff Methodology 1.3 document. If the goal is to estimate Chinese Official Development Assistance in the strictest sense, include only projects with this field as ODA-like. However, if the goal is to estimate a more comprehensive measure of concessional and non-concessional Chinese Official Finance, then include ODA-like, OOF-like and Vague (Official Finance).

  • intent

    Development

    Field Definition

    From the dataset Readme

    Perceived intent of the finance provider. Categories covered by “donor intent” include: Development, Commercial, Representational, Mixed (encompassing any combination of the other three intents).

  • line_of_credit

    FALSE

    Field Definition

    From the dataset Readme

    Denotes a project or financial arrangement where the donor extended a line of credit to a recipient entity. This credit may or may not be used in its entirety by the recipient.

  • is_cofinanced

    FALSE

    Field Definition

    From the dataset Readme

    Denotes projects with multiple countries acting as donor (including the donor of investigation), where the financial amount provided by each donor separately could not distinguished.

  • loan_type

    Concessional

    Field Definition

    From the dataset Readme

    Represents the general nature of the loan. Categories covered include: interestfree; concessional; non-concessional; no information and some information.

  • interest_rate

    %

    Field Definition

    From the dataset Readme

    Reported interest rate of the project loan, in percent

  • maturity

    1.5

    years

    Field Definition

    From the dataset Readme

    Reported duration of the project loan, in years

  • grace_period

    years

    Field Definition

    From the dataset Readme

    Interval to first repayment of capital in years

  • grant_element

    %

    Field Definition

    From the dataset Readme

    Grant element of the loan, in percent. Uses grant element reported by project sources, unless it can be calculated independently with the OECD grant element calculator (assumes 10 percent rate of discount, 2 payments per annum, and equity principal payment).

Dates

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  • year

    2010

    Field Definition

    From the dataset Readme

    The year in which an agreement was reportedly made between a supplier of development finance and a recipient for a project. If available, the agreement year is the year of the formal signed commitment for a project; if commitment year is unavailable, or if a commitment has not been made, the year of the informal pledge is the agreement year for a project.

  • start_actual

    Field Definition

    From the dataset Readme

    The actual date that the implementation of a project began on.

  • start_planned

    Field Definition

    From the dataset Readme

    The announced start date for a project.

  • end_actual

    Field Definition

    From the dataset Readme

    The actual date that a project was completed on.

  • end_planned

    Field Definition

    From the dataset Readme

    The announced completion date for a project.

  • year_uncertain

    FALSE

    Field Definition

    From the dataset Readme

    Marker for projects without any sources reporting a specific pledge or commitment year. In these cases, the year of the earliest media report serves is coded as “agreement year.”

Sector

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  • crs_sector_code

    210

    Field Definition

    From the dataset Readme

    3-digit sector classification based on OECD sector codes

  • crs_sector_name

    Transport and Storage

    Field Definition

    From the dataset Readme

    Name of the 3-digit sector classification based on OECD sector codes

Source & Quality

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  • sources

    http://la.mofcom.gov.cn/article/zxhz/hzjj/201206/20120608196195.shtml, Government Source (Donor/Recipient); http://en.vietstock.vn/2011/01/lao-airliness-new-hangar-under-construction-143-103147.htm, Media Report, including Wikileaks; http://en.baomoi.com/Info/New-facilities-to-boost-Lao-Airlines-standards/3/105095.epi, Media Report, including Wikileaks; http://la.china-embassy.org/chn/xwdt/t788635.htm, Government Source (Donor/Recipient); http://www.siis.org.cn/UploadFiles/file/20170417/20170316_%E4%B8%AD%E5%9B%BD%E4%B8%8E%E8%80%81%E6%8C%9D%E5%8F%91%E5%B1%95%E5%90%88%E4%BD%9C_%E8%8B%B1%E6%96%87%E7%89%88.pdf, Other Academic (Working Paper, Dissertation)

    How do we define a "source"?
    Field Definition

    From the dataset Readme

    Links to all the sources attached to one project.

  • sources_count

    5

    Field Definition

    From the dataset Readme

    Number of sources attached to one project.

  • contacts

    Zhao Wenyu, Commercial Counselor

    Field Definition

    From the dataset Readme

    Name and position of people who were involved in the project if available.

  • source_triangulation

    6

    Field Definition

    From the dataset Readme

    Rates projects based on the types of sources (media, academic, donor/recipient government, other official, NGO). The source triangulation measure varies from 0 to 19, with higher values representing a project record that draws upon a diverse set of information sources. For more information, see http://china.aiddata.org/content/improving_the_data.

  • field_completeness

    9

    Field Definition

    From the dataset Readme

    Rates projects based on the number of missing data fields critical to understanding the project. It also penalized projects with “Vague” makers like “Vague Official Finance” for flow class or “Vague TBD” for flow type. The field completeness measure varies from 0 to 9; higher values indicate that a higher percentage of the “fields” (i.e. variables such as transaction amount, flow type, and commitment year) for a given project record are complete. For more information, see http://china.aiddata.org/content/improving_the_data.

Other Fields

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  • recipient_cow_code

    812

    Field Definition

    From the dataset Readme

    Code of recipient country according to COW standard

  • recipient_oecd_code

    745

    Field Definition

    From the dataset Readme

    Code of recipient country according to OECD standard

  • recipient_oecd_name

    Laos

    Field Definition

    From the dataset Readme

    Name of recipient country according to OECD standard

  • recipient_iso3

    LAO

    Field Definition

    From the dataset Readme

    Code of recipient country according to ISO3 standard

  • recipient_iso2

    LA

    Field Definition

    From the dataset Readme

    Code of recipient country according to ISO2 standard

  • recipient_un_code

    418

    Field Definition

    From the dataset Readme

    Code of recipient country according to UN standard

  • recipient_imf_code

    544

    Field Definition

    From the dataset Readme

    Code of recipient country according to IMF standard