Chinese Government pledges RMB 100 million concessional loan for unspecified purposes
Pledged amount
$ 26210706.1
Constant 2017 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.
Umbrella project
This project is classified as an "umbrella" project, and is connected to related projects.
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Egypt
Sector
Unallocated/unspecified (Code: 998)
Flow type
Loan
Concessional
Yes
Category
Project lifecycle
Description
On January 23, 2002, during bilateral talks in Beijing, Egyptian President Hosni Mubarak and Chinese President Jiang Zemin signed an RMB 100 million preferential loan framework agreement. it is unclear whether any subsidiary loans were ever approved under the terms of this framework agreement.
Number of official sources
1
Number of unofficial sources
6
Details
Cofinanced
No
Receiving agencies [Type]
Government of Egypt [Government Agency]
Loan type
Concessional
Gurarantee provided
No
Insurance provided
No