Project ID: 72142

China Eximbank provides RMB 21 million loan for supply of 45 units of diagnostic equipment and their installation in 15 oncology centers (Linked to Project ID#39957)

Commitment amount

$ 5562210.921451978

Adjusted commitment amount

$ 5562210.92

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Uzbekistan

Sector

Health (Code: 120)

Flow type

Loan

Level of public liability

Other public sector debt

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2005-01-01

Actual start

2005-10-31

Geography

Description

On June 15, 2004, China Eximbank signed an agreement to provide a 300 million RMB concessional loan to the Republic of Uzbekistan for various projects (captured in #39957). On November 1, 2005, China Eximbank and the National Bank for Foreign Economic Affairs of the Republic of Uzbekistan signed an agreement to allocate a 21 million RMB loan for the supply of 45 units of diagnostic equipment and their installation in 15 oncology centers (also known as "dispensaries"). The equipment was used for the diagnosis, prevention and treatment of cancers. The loan carried the following terms: 2% interest rate, 20 year maturity, 5 year grace period, 0.2% commitment fee, and 0.2% management fee. The National Bank for Foreign Economic Affairs of the Republic of Uzbekistan then used the proceeds of this China Eximbank loan to on-lend to an unidentified entity at an interest rate of 2.15%. 3 of these dispensaries are located in Tashkent and the other 12 are located in various regions of the country. China National Machinery Import and Export Corporation (CMC) was the contractor responsible for project implementation.

Additional details

The Russian project title is "Оснащение диагностическим оборудованием онкологических центров”.

Number of official sources

6

Number of total sources

6

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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]

China National Machinery and Equipment Import & Export Corporation [State-owned Company]

National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU) [State-owned Bank]

Loan Details

Maturity

20 years

Interest rate

2.0%

Grace period

5 years

Grant element (OECD Grant-Equiv)

48.97%

Bilateral loan

Inter-bank loan