Project ID: 39371

China's Eximbank pledges $150 million loan for Railway Double Tracking and Signaling Improvement (Solo-Surabaya Section) Project

Pledged amount

$ 166064284.71127325

Adjusted pledged amount

$ 166064284.71127325

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]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Indonesia

Sector

Transport and storage (Code: 210)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

Yes

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

2014-01-01

Description

According to the Indonesian Ministry of National Development Planning (BAPPENAS), China Eximbank agreed at least in principle in 2014 to provide a $150 million loan for the Railway Double Tracking and Signaling Improvement (Solo-Surabaya Section) Project. This project was to be executed by the Ministry of Transport over a span of 60 months in Central Java Province. AidData has not identified any evidence that this project ever resulted in a signed loan agreement (i.e. an official commitment).

Additional details

Number of official sources

1

Number of total sources

1

Download the dataset

Details

Cofinanced

Yes

Direct receiving agencies [Type]

Government of Indonesia [Government Agency]

Implementing agencies [Type]

Indonesia Ministry of Transportation [Government Agency]

Loan Details

Bilateral loan

Investment project loan