China commits USD $3.8 million in equipment for Sanata Textile Mill (linked to project #56346 and #70472)
Commitment amount
$ 8246886.728533766
Adjusted commitment amount
$ 8246886.73
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Guyana
Sector
Business and other services (Code: 250)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Geography
Description
In 2005, China and Guyana signed an agreement on bilateral cooperation worth USD $3.8 million. The agreement stipulated that China will provide equipment and raw materials to the Sanata Textile Mill. The agreement also included a feasibility study on the supply of new river ferries conducted by a Chinese survey team. This textile mill was originally a Chinese investment project that was later privatized (project #56346).
Additional details
the Chinese name for this project is "萨那塔纺织厂”.
Number of official sources
2
Number of total sources
5
Details
Cofinanced
No