Project ID: 53925

Poly Tech signs $500 million MoU with Kazakhstan for cooperation projects

Pledged amount

$ 561137784.7894763

Adjusted pledged amount

$ 561137784.7894763

Constant 2021 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.

Summary

Funding agency [Type]

China Poly Group Corporation Ltd. [State-owned Company]

Recipient

Kazakhstan

Sector

Industry, mining, construction (Code: 320)

Flow type

Vague TBD

Infrastructure

No

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (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: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2015-01-01

Description

In January 2015, China's Poly Group Corporation subsidiary, Poly Technology, and Kazakhstan Engineering Company signed a memorandum of understanding of nearly 500 million US dollars in cooperation at the Kazakhstan-China Investment and Development Forum.

Number of official sources

1

Number of total sources

2

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Kazakhstan Engineering [State-owned Company]