Chinese Government provides RMB 23.3 million loan for Nam Dinh Textile Factory Upgrading and Expansion Project
Commitment amount
$ 5122858.174060882
Adjusted commitment amount
$ 5122858.17
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Vietnam
Sector
Industry, mining, construction (Code: 320)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
Prior to the end of 2009, the Chinese Government provided an RMB 23.3 million concessional loan to the Government of Vietnam for the Nam Dinh Textile Factory Upgrading and Expansion Project. The project, which sought to upgrade and expand the Nam Dinh Textile Factory, reached completion status by 2006.
Additional details
1. One of the sources records the face value of the loan amount as RMB 233.3 million (see "Assessing China's Impact on Poverty in the Greater Mekong Subregion"), but for the time being AidData relies on the more conservative amount of RMB 23.3 million (see "Living next to the giant," p. 86). 2. It is unclear when the Chinese Government issued the loan. For the time being, AidData codes the commitment year as 2009 because one source identifies the project in a table (Table 5-1) with data up to "the end of 2009" (see "Living next to the giant," p. 86).
Number of official sources
0
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Viet Nam [Government Agency]