China grants Turkmenistan 15 million RMB for mechanical plant (Linked to project #40169)
Commitment amount
$ 4414706.0090371985
Adjusted commitment amount
$ 4414706.01
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Turkmenistan
Sector
Industry, mining, construction (Code: 320)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
On Dec. 26, 2003, State officials of China and Turkmenistan signed an agreement for a grant of 15 million RMB (1.8 million USD) and an interest-free credit of 30 million USD (see project #40169). The grant was to be used by Turkmengaz to purchase equipment and spare parts for its repair mechanical plant. Current project status is unknown. More info can be found at https://global-factiva-com.proxy.wm.edu/redir/default.aspx?P=sa&an=TRENDE0020150507eb57001e3&cat=a&ep=ASE
Number of official sources
2
Number of total sources
8
Details
Cofinanced
No
Implementing agencies [Type]
Turkmengaz [State-owned Company]
Government of Turkmenistan [Government Agency]