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Overview

BGP China Loans 500,000 USD to BGP Brasil

Commitments (Constant USD, 2023)$541,909
Commitment Year2012Country of ActivityBrazilDirect Recipient Country of IncorporationBrazilSectorIndustry, Mining, ConstructionFlow TypeLoan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Aug 1, 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% Chinese ownership

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Receiving agencies

Private Sector

  • BGP Brasil Serviços e Equipamentos Geofísicos e LTDA

Loan description

BGP China Loans 500,000 USD to BGP Brasil

Interest typeUnknown

Narrative

Full Description

Project narrative

In August 2012, the BGP China loaned 500,000 USD to BGP Brasil. The loan terms and use of the loan are unclear. The Central Bank of Brazil lists the registration of the loan as complete, however the current status is unclear.