Overview

China Exim Bank preferential buyer's credit for Osh International Airport Renovation and Expansion

Commitment Year•2012Country of Activity•Kyrgyz RepublicDirect Recipient Country of Incorporation•Kyrgyz RepublicSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jul 26, 2012

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

Government Agencies

Government of Kyrgyzstan

Implementing agencies

State-owned companies

Beijing Urban Construction Group Co., Ltd.

Loan desecription

China Exim Bank preferential buyer's credit for Osh International Airport Renovation and Expansion

Interest type•Unknown

Narrative

Full Description

Project narrative

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 Record ID#40710.