Overview

XCMG Construction Loans 23,688.80 USD to Target Trading SA

Commitments (Constant USD, 2023)$24,294

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

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Mar 1, 2014

Start (planned): Mar 1, 2014

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

Loading map…

XCMG Construction provided a loan to Target Trading SA . More detailed locational information can be found at: https://www.openstreetmap.org/way/804877689

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% host country ownership

Funding agencies

State-owned companies

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

Receiving agencies

Private Sector

Target Trading S.A.

Loan description

XCMG Construction Loans 23,688.80 USD to Target Trading SA

Interest type•Unknown

Narrative

Full Description

Project narrative

In March 2014, XCMG Construction loaned $23,688.80 to Target Trading SA as 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.

Staff comments

Listed as import financing, assumed to be buyer's credits.