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Overview

Chinese loan to fund purchase of X-ray Equipment for container inspection to Cuba

Commitments (Constant USD, 2023)$6,311,209
Commitment Year•2004Country of Activity•CubaDirect Recipient Country of Incorporation•CubaSector•Trade Policies And RegulationsFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Nov 22, 2004
Start (planned)
Nov 23, 2004
Start (actual)
Jan 14, 2005
End (actual)
Jan 14, 2005

Geospatial footprint

Map overview

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This project involved the installation of container inspection equipment in the Port of Havana. More detailed locational information can be found at https://www.openstreetmap.org/relation/2565378#map=14/23.1314/-82.3400

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

Government Agencies

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of Cuba

Loan desecription

Chinese loan to fund purchase of X-ray Equipment for container inspection to Cuba

Interest type•Unknown

Narrative

Full Description

Project narrative

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.