Overview

Chinese Government provides RMB 6 million loan for May 19 Textile Factory Upgrading Project

Commitments (Constant USD, 2023)$1,412,264

Commitment Year•2006Country of Activity•Viet NamDirect Recipient Country of Incorporation•Viet NamSector•Industry, Mining, ConstructionFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2006

Geospatial footprint

Map overview

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This project provides a loan for upgrading the May 19 Textile Factory, located at 203 Nguyen Huy Tuong, Thanh Xuan, Hanoi, Vietnam. More detailed locational information can be found at https://www.openstreetmap.org/way/1040716517.

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

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Viet Nam

Loan description

Chinese Government provides RMB 6 million loan for May 19 Textile Factory Upgrading Project

Interest type•Unknown

Narrative

Full Description

Project narrative

Prior to the end of 2009, the Chinese Government provided an RMB 6 million concessional loan to the Government of Vietnam for upgrading the 19th May Textile Factory. This project had reached completion by 2006.

Staff comments

1. This project is also called the 19/5 Textile Factory.