Overview

ICBC Indonesia provides loan to car dealership in port city of Makassar

Commitment Year•2014Country of Activity•IndonesiaDirect Recipient Country of Incorporation•IndonesiaOverseas Jurisdiction•IndonesiaSector•Business And Other ServicesFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Sep 28, 2014

Geospatial footprint

Map overview

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This project supported the largest private car dealership in the port city of Makassar (also known as Ujung Padang) within South Sulawesi Province. More detailed locational information can be found at https://www.openstreetmap.org/way/611810633

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 Commercial Banks

PT Bank ICBC Indonesia

Receiving agencies

Private Sector

PT Hadji Kalla

Implementing agencies

Private Sector

PT Hadji Kalla

Loan desecription

ICBC Indonesia provides loan to car dealership in port city of Makassar

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2014, ICBC Indonesia issued a loan to PT Hadji Kalla, the largest private car dealership in the port city of Makassar (also known as Ujung Padang) within South Sulawesi Province. The face value and borrowing terms of the loan are unknown.