Chinese Government pledges a $6 million USD interest-free loan to Gabon
Pledged amount
$ 11861765.12
Constant 2017 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Umbrella project
This project is classified as an "umbrella" project, and is connected to related projects.
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Gabon
Sector
Unallocated/unspecified (Code: 998)
Flow type
Loan
Concessional
Yes
Category
Project lifecycle
Description
During the visit of Chinese Hu Jintao to Gabon, which ended on February 2, 2004, the Chinese Government announced that it would provide a $6 million USD interest-free loan to Gabon (see 'Chinese President Promises New Dawn in Sino-African Relations, Red-Letter Day for Gabon'). It is unclear whether this loan was formally committed or disbursed.
Number of official sources
0
Number of unofficial sources
1
Details
Cofinanced
No
Receiving agencies [Type]
Government of Gabon [Government Agency]
Loan type
Interest-Free
Interest rate
0.0%
Gurarantee provided
No
Insurance provided
No