Overview

China commits USD $3.8 million in equipment for Sanata Textile Mill (linked to Record ID#56346 and #70472)

Commitments (Constant USD, 2023)$7,616,456

Commitment Year•2005Country of Activity•GuyanaSector•Industry, Mining, ConstructionFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jul 1, 2005

Geospatial footprint

Map overview

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Sanata Textile Mill is located in the city of Georgetown. More detailed locational information can be found at https://www.kaieteurnewsonline.com/2014/01/03/the-sanata-complex-giveaway/ and https://www.kaieteurnewsonline.com/images/2014/01/SANATA-COMPLEX-JAN.-2014.jpg and https://www.openstreetmap.org/way/403153201

Stakeholders

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

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Loan description

China commits USD $3.8 million in equipment for Sanata Textile Mill (linked to Record ID#56346 and #70472)

Narrative

Full Description

Project narrative

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 (Record ID#56346).

Staff comments

the Chinese name for this project is "萨那塔纺织厂”.