Overview

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

Commitment Year•2016Country of Activity•UzbekistanDirect Recipient Country of Incorporation•UzbekistanSector•Agriculture, Forestry, FishingFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Aug 1, 2016

Geospatial footprint

Map overview

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The purpose of this project was to create a food transport center in Bukhara, Uzbekistan. More detailed locational information can be found at: https://www.openstreetmap.org/relation/1670973

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

Uzbekistan Ministry of Economy

Implementing agencies

Government Agencies

Uzbekistan Ministry of Economy

Private Sector

Xinjiang Silu Changlong Investment Co., Ltd

Loan desecription

China's Exim Bank Loans to Create Food Transport Center in Bukhara

Interest type•Unknown

Narrative

Full Description

Project narrative

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. (Record ID#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.