China Eximbank pledges $51 million loan for Procurement of Diesel Electric Locomotives Project
Pledged amount
$ 62723889.24840514
Adjusted pledged amount
$ 62723889.24840514
Constant 2021 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.
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Indonesia
Sector
Transport and storage (Code: 210)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
In a 2011 List of Planned Priority External Loans (DRPPLN), the Government of Indonesia’s Planning Ministry (BAPPENAS) identified a potential $51 million China Eximbank loan for the Procurement of Diesel Electric Locomotives Project. The purpose of this project was to address the demand for locomotives to facilitate the transportation of passengers and goods on Java island. It would have involved the procurement of 30 locomotives of the DC/DC type (BB-202, CC-201, and CC203) and the latest AC/DC type (CC-204 and CC-202). It would have benefited the following locations: Banten, DKI Jakarta, West Java, Central Java, DI Yogyakarta, and East Java (Java Island). This project is status-coded as a pledge because AidData has not identified any evidence that it ever resulted in a signed loan agreement (i.e. an official commitment) with China Eximbank.
Number of official sources
3
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Indonesia [Government Agency]