China Eximbank loans $4.18 million for the Reconstruction of the Kasaba Pumping Station Project
Commitment amount
$ 4627658.067287481
Adjusted commitment amount
$ 4627658.07
Constant 2021 USD
Summary
Funding agency [Type]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Uzbekistan
Sector
Water supply and sanitation (Code: 140)
Flow type
Loan
Level of public liability
Other public sector debt
Infrastructure
No
Category
Project lifecycle
Geography
Description
In 2014, China Eximbank provided the National Bank for Foreign Economic Affairs of the Republic of Uzbekistan with a $4.18 million loan for the Reconstruction of the Kasaba Pumping Station Project. The terms of the loan are as follows: 20 year maturity, 5 year grace period. 2% interest rate. China IPPR International Engineering Co., Ltd. is the contractor responsible for project implementation. The implementation period of the project is three years (2014-2016). The purpose of this project is to irrigate agricultural crops within the Navoi Region.
Additional details
The Russian project title is Реконструкция насосной станции «Касаба» в Навоийской области.
Number of official sources
1
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU) [State-owned Bank]
Implementing agencies [Type]
National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU) [State-owned Bank]
China IPPR International Engineering Co., Ltd. [State-owned Company]
Loan Details
Maturity
20 years
Interest rate
2.0%
Grace period
5 years
Grant element (OECD Grant-Equiv)
39.0747%