Skip to content
AidData logo

Overview

China Eximbank provides $6 million loan for rehabilitation of Gulbakhor pumping station in Andijan oblast

Commitments (Constant USD, 2023)$8,112,410
Commitment Year•2008Country of Activity•UzbekistanDirect Recipient Country of Incorporation•UzbekistanSector•Water Supply And SanitationFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Oct 2, 2008
First repayment (originally scheduled)
Dec 30, 2012
Last repayment (originally scheduled)
Dec 27, 2027

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

Loading map…

This pumping station is located within the Andijan oblast in Uzbekistan. More detailed locational information can be found at: https://www.openstreetmap.org/relation/178016

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

State-owned Banks

  • National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU)

Implementing agencies

State-owned companies

  • China National Electric Engineering Co., Ltd. (CNEEC)

Loan desecription

China Eximbank provides $6 million loan for rehabilitation of Gulbakhor pumping station in Andijan oblast

Grace period•5 yearsGrant element•53.1012%Interest rate (t₀)•2%Interest type•Fixed Interest RateMaturity•20 years

Narrative

Full Description

Project narrative

On October 2, 2008, China Eximbank and the National Bank for Foreign Economic Activity of Uzbekistan signed a $5,759,830 loan agreement for the rehabilitation of Gulbakhor pumping station in Andijan oblast. The loan carried the following terms: 20 year maturity, 5 year grace period. 2% interest rate, 0.3% commitment fee, and 0.3% management fee. The National Bank for Foreign Economic Activity of Uzbekistan use the proceeds of this loan to on-lend to an unidentified entity at a 2.2% interest rate. China National Electric Equipment Corporation (CNEEC) was the contractor responsible for project implementation. This project was reportedly completed in 2010.

Staff comments

1. The Russian name of this project is «Реконструкция насосной станции «Гульбахор 1К».