China Eximbank pledges $200 million USD in credit to fund renewal of Kazakhstan's rolling stock fleet
Pledged amount
$ 406389817.0513407
Adjusted pledged amount
$ 406389817.0513407
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
Kazakhstan
Sector
Transport and storage (Code: 210)
Flow type
Loan
Level of public liability
Unallocable
Infrastructure
Yes
Category
Project lifecycle
Description
On June 14, 2006, the Export-Import Bank of China agreed to provide a $200 million USD loan to Kazakhstan to renovate its passenger rolling stock.
Additional details
There is very little information about this project beyond its announcement. In the absence of official confirmation and acknowledging the possibility that "signed the credit agreement" may in fact mean that a memorandum of understanding was signed, AidData has coded this project as "Pipeline: Pledge." "Kazakhstan Temir Zholy" was selected as the recipient because it was the state-owned rail monopoly; this project, by nature, would have to treat with it. This project is not to be confused with a $172 million USD China Eximbank loan for Kazakhstan's rolling stocks in 2002, see project ID#40085.
Number of official sources
0
Number of total sources
1
Details
Cofinanced
No
Implementing agencies [Type]
National Company Kazakhstan Temir Zholy Joint-Stock Company (NC KTZ JSC) [State-owned Company]