Project ID: 53922

China's Exim Bank Loans to Create Food Transport Center in Bukhara (Linked to #54125)

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Uzbekistan

Sector

Agriculture, forestry, fishing (Code: 310)

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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2016-08-01

Geography

Description

In 2016, China's Xinjiang Silu Changlong Investment Co., Ltd committed to implementing, with the Ministry of Economy of Uzbekistan, a food transport center in Bukhara, Uzbekistan for the production, processing, and exportation of agricultural products. Total foreign financing will be $28.7 million; news sources report that this consists of investment by Xinjiang Silu Changlong Investment Co., Ltd. (project #54125) and a loan from the Eximbank of China, captured in this project. The breakdown of this financing is unclear. For the purpose of this project, $28.7 million has been coded as the transaction amount for the linked project, so as not to be double counted. The project will include a modern logistics center; 2 plants for processing of fruits, vegetables, meat and dairy products; a factory for the production of cardboard and plastic boxes; 4 refrigerators; energy efficient green houses; plant orchards using intensive technologies; and 20 refrigerated MAN trucks. The initial capacity of the project will be 10,000 products annually, and all fruits & vegetables will be exported.

Number of official sources

2

Number of total sources

6

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Details

Cofinanced

No

Direct receiving agencies [Type]

Uzbekistan Ministry of Economy [Government Agency]

Implementing agencies [Type]

Xinjiang Silu Changlong Investment Co., Ltd [Private Sector]

Uzbekistan Ministry of Economy [Government Agency]

Loan Details

Bilateral loan

Investment project loan