Chinese loan to fund purchase of X-ray Equipment for container inspection to Cuba
Commitment amount
$ 6832956.365659908
Adjusted commitment amount
$ 6832956.37
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Cuba
Sector
Trade policies and regulations (Code: 330)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Geography
Description
In 2004, China provided a loan to Cuba for the acquisition of a special X-ray system for the inspection of containers, the aforementioned equipment is already installed and operating in the Port, whose value is 3.0 million dollars. The transaction amount is then recorded as 3 million USD. The project is completed and is operating in the port of Havana. The loan was signed by Bo Xilai, China's Minister of Commerce, and Pedro Pupo, head of the Aduana General de la República de Cuba. On November 22, 2004, Bo Xilai, Minister of Commerce and Pedro Pupo, head of the General Customs of the Republic of Cuba signed the government loan. The x-ray equipment was inaugurated on January 14, 2005.
Number of official sources
0
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Cuba [Government Agency]