Overview

China Eximbank provides $50 million loan for the purchase of 63 excavators and 10 bulldozers

Commitments (Constant USD, 2023)$64,306,924

Commitment Year•2010Country of Activity•UzbekistanDirect Recipient Country of Incorporation•UzbekistanSector•Water Supply And SanitationFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Apr 1, 2010

Start (actual): Jun 26, 2011

End (actual): Jun 26, 2011

Geospatial footprint

Map overview

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Bukhara Oblast

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

Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

Government of Uzbekistan

Implementing agencies

Government Agencies

Government of Uzbekistan
Uzbekhydroenergo JSC

State-owned companies

China Machine-Building International Corporation (CMIC)

Loan description

China Eximbank provides $50 million loan for the purchase of 63 excavators and 10 bulldozers

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2010, China Eximbank issued a $50 million loan to the Government of Uzbekistan for the acquisition of water and soil improvement equipment in Bukhara Oblast. The equipment purchased consisted of 63 excavators and 10 bulldozers from China National Machinery Import and Export Corporation. On June 26, 2011, it was reported that China National Machinery Import and Export Corporation supplied excavators to Uzbekistan for soil improvement in Bukhara and other places.

Staff comments

1. The borrowing terms of the loan are unknown. This issue warrants further investigation.