Overview

Xuzhou Construction provides $4.1 million loan to Exito S.A. for import financing

Commitments (Constant USD, 2023)$4,261,516

Commitment Year•2014Country of Activity•BrazilDirect Recipient Country of Incorporation•ColombiaSector•Industry, Mining, ConstructionFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Oct 1, 2014

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned companies

Xuzhou Construction Machinery Group Co., Ltd. (XCMG)

Receiving agencies

Private Sector

Almacenes Éxito S.A.

Loan description

Xuzhou Construction provides $4.1 million loan to Exito S.A. for import financing

Interest type•Unknown

Narrative

Full Description

Project narrative

In October 2014, XCMG Construction loaned $4,155,334 to Exito S.A. for import financing. The loan terms and use of the loan are unclear. The Central Bank of Brazil lists the registration of the loan as complete.