Project ID: 49936

Chinese Government provides RMB 70 million loan for procurement of materials to be used by various ministries (Linked to project #49935)

Commitment amount

$ 21138267.699128933

Adjusted commitment amount

$ 21138267.7

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Myanmar

Sector

Government and civil society (Code: 150)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

No

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2002-01-01

Planned start

2002-10-04

Actual start

2002-10-04

Actual complete

2002-10-04

Description

On October 4, 2002, the Chinese Government issued an RMB 70 million loan to the Government of Myanmar for the procurement of materials to be used by the Ministries of Industry, Rail Transport, Health, and Electric Power. This loan was part of an RMB 105 million loan framework agreement signed in February 2001 (captured in Project ID#49935). Terms of the loan are unknown.

Number of official sources

0

Number of total sources

1

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Myanmar (Burma) [Government Agency]

Indirect receiving agencies [Type]

Myanmar Ministry of Industry [Government Agency]

Myanmar Ministry of Rail Transportation [Government Agency]

Myanmar Ministry of Health and Sports [Government Agency]

Myanmar Ministry of Electric Power [Government Agency]

Loan Details

Bilateral loan

Investment project loan