Project ID: 36267

China Loans $80 Million to Bolivia for Airplanes

Pledged amount

$ 88567618.51267907

Adjusted pledged amount

$ 88567618.51267907

Constant 2021 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]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Bolivia

Sector

Transport and storage (Code: 210)

Flow type

Loan

Level of public liability

Other public sector debt

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

2014-06-15

Description

In 2014, China participated in the 50th anniversary summit of the G77 hosted in Santa Cruz, Bolivia. Vice Chairman of China's National People's Congress, Chen Zhu, met with Bolivian President Morales ahead of the summit opening. He pledged an $80 million loan to modernize Bolivian airline BoA and to purchase 4 new aircraft. Loan details are not available.

Number of official sources

2

Number of total sources

6

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Bolivia Boliviana de Aviación (BoA) [State-owned Company]

Loan Details

Bilateral loan