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Overview

China Development bank loan for the improvement of Cuban sanitary facilities

Commitment Year2012Country of ActivityCubaDirect Recipient Country of IncorporationCubaSectorWater Supply And SanitationFlow TypeLoan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jul 5, 2012

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 Policy Banks

  • China Development Bank (CDB)

Receiving agencies

Government Agencies

  • Government of Cuba

Loan description

China Development bank loan for the improvement of Cuban sanitary facilities

Interest typeUnknown

Narrative

Full Description

Project narrative

On 5 July, 2012, the governments of China and Cuba signed 8 agreements in Beijing. One of those agreements was a Memorandum of Understanding (MOU) for a China Development Bank loan that would go towards improving Cuban sanitary facilities.