Overview

CDB provides $18.38 million loan for Rubber Processing Plant Construction Project

Commitments (Constant USD, 2023)$19,004,392

Commitment Year•2013Country of Activity•ThailandDirect Recipient Country of Incorporation•China (People's Republic of)Sector•Industry, Mining, ConstructionFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2013

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

State-owned Policy Banks

China Development Bank (CDB)

Receiving agencies

State-owned companies

Guangdong Guangken Rubber Group Co., Ltd

Implementing agencies

State-owned companies

Guangdong Guangken Rubber Group Co., Ltd

Loan desecription

CDB provides $18.38 million loan for Rubber Processing Plant Construction Project

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2013, the China Development Bank (Chinese name: 国家开发银行) issued an $18.38 million loan to Guangdong Guangken Rubber Group Co Ltd (Chinese name: 广东省广垦橡胶集团有限公司) for the construction of a rubber processing plant in Thailand (source: 广东省粤垦投资有限公司 2014 年度第一期中期票据募集说明书). No additional information is available.