Gas Domiciliario 39K
Commitment amount
$ 90120602.89648753
Adjusted commitment amount
$ 90120602.89648753
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
Bolivia
Sector
Industry, mining, construction (Code: 320)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
On November 18th 2009, the Bolivian government issued a press release stating that the Export-Import Bank of China agreed to give a concessional loan of 60 million USD to finance the “Gas Domiciliario 39K” project. This project is expected to benefit more than 100 thousand new users within Bolivia and will help develop the National Program for Exploration and Exploitation under the Bolivian oil field project: YPFB. The Ministry of Economic Development and Public Finance will establish the transfer of reimbursable resources and is responsible for compliance with the conditions governing the loan agreement. This project had an initial target of 39,000 natural gas installations in homes and surpassed this goal. According to the Global Studies Journal, the loan has actually been voided.
Number of official sources
1
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
Bolivia Ministry of Economy and Public Finance [Government Agency]