Chinese Government pledges to extend 200 million USD export credit to Indonesia
Pledged amount
$ 312287020.3
Constant 2017 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.
Umbrella project
This project is classified as an "umbrella" project, and is connected to related projects.
Summary
Funding agency [Type]
Export-Import Bank of China [State-owned Policy Bank]
Recipient
Indonesia
Sector
Unallocated/unspecified (Code: 998)
Flow type
Export Buyer's Credit
Concessional
No
Category
Project lifecycle
Description
On July 4, 2007, the Chinese and Indonesian Foreign Ministers signed an MOU for technical and economic cooperation between the two countries (see #38092). The aid was announced by Chinese Vice President Zeng Qinghong during Indonesian Vice President Kara’s visit to China in June 2007, when China also announced the provision of 200 million US dollars of preferential export seller’s credit to Indonesia.
Additional details
It is assumed that the donor is EXIM Bank of China.
Number of official sources
1
Number of unofficial sources
0
Details
Cofinanced
No
Implementing agencies [Type]
Government of Indonesia [Government Agency]
Gurarantee provided
No
Insurance provided
No