China Eximbank pledges loan for implementation of pre-paid BT meter assembly and manufacturing unit
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
Congo (DRC)
Sector
Industry, mining, construction (Code: 320)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
A report from the Office for Coordination and Monitoring of the Sino-Congolese Program (BCPSC) in 2013 stated that a contract for the implementation of a pre-paid BT meter assembly and manufacturing unit (In French: d'implantation d'une unité de montage et de fabrication de compteurs BT à prépaiement) in Democratic Republic of Congo will be negotiated by Chinese companies SinoHydro and CREC and funded by the China Eximbank. Subsequent ACGT Reports on the Sino-Congolese Program do not list the project as a subproject of the program.
Additional details
AidData codes the status as pledge for now as it is uncertain whether any Chinese financing was committed since the 2013 BCPSC report.
Number of official sources
1
Number of total sources
1
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Democratic Republic of Congo [Government Agency]