China Exim Bank preferential buyer's credit for Osh International Airport Renovation and Expansion
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]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Kyrgyzstan
Sector
Transport and storage (Code: 210)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Description
On 26 July 2012, Beijing Urban Construction Group (BUCG) signed an MoU for the renovation and expansion of Osh International Airport in Kyrgyz Republic. According to the August 2012 announcement of this signing, the project was expected to invest 200 million US dollars and planned to use a preferential buyer's credit from China Exim Bank to finance the project. It is unclear whether or not China Exim Bank was expected to partially or wholly finance the project, so no transaction amount has been coded. As of June 2019 there are no updates regarding BUCG or China Exim Bank funding for this project, so it seems the project may have proceeded without Chinese financing. This project is not to be confused with the construction of New Osh Airport, which was undertaken by CMEC and is captured in project ID #40710.
Number of official sources
1
Number of total sources
1
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Kyrgyzstan [Government Agency]
Implementing agencies [Type]
Beijing Urban Construction Group Co., Ltd. [State-owned Company]