Overview

China Eximbank loans $4.18 million for the Reconstruction of the Kasaba Pumping Station Project

Commitments (Constant USD, 2023)$4,286,812

Commitment Year•2014Country 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: Jan 1, 2014

First repayment (originally scheduled): Dec 31, 2018

Last repayment (originally scheduled): Dec 27, 2033

Geospatial footprint

Map overview

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The purpose of this project was to provide reconstruction of the Kasaba pumping station in the Navoi region of Uzbekistan. More detailed locational information can be found at: https://www.openstreetmap.org/relation/196246

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

State-owned Banks

National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU)

Implementing agencies

State-owned Banks

National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU)

State-owned companies

China IPPR International Engineering Co., Ltd.

Loan description

China Eximbank loans $4.18 million for the Reconstruction of the Kasaba Pumping Station Project

Grace period•5 yearsGrant element•53.1012%Interest rate (t₀)•2%Interest type•Fixed Interest RateMaturity•20 years

Narrative

Full Description

Project narrative

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.

Staff comments

The Russian project title is Реконструкция насосной станции «Касаба» в Навоийской области.