Project ID: 40117

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

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

2006-06-14

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

Download the dataset

Details

Cofinanced

No

Implementing agencies [Type]

National Company Kazakhstan Temir Zholy Joint-Stock Company (NC KTZ JSC) [State-owned Company]

Loan Details

Bilateral loan

Investment project loan