Project ID: 72907

Chinese Government provides RMB 40 million loan for Passenger-Cargo Vessel Acquisition Project

Commitment amount

$ 12151709.340138424

Adjusted commitment amount

$ 12151709.34

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Mauritius

Sector

Transport and storage (Code: 210)

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

2001-01-01

Description

In 2001, China’s Ministry of Commerce provided an RMB 40 million loan to Development Bank of Mauritius Ltd. for a Passenger-Cargo Vessel Acquisition Project. Development Bank of Mauritius Ltd., in turn, used the proceeds of this loan to on-lend to Mauritius Shipping Corporation Ltd, a state-owned enterprise in Mauritius. The purpose of this project was to facilitate the acquisition of a dual-use (两用) vessel to carry both passengers and cargo. China’s Ministry of Commerce identifies this project as a completed foreign aid project.

Additional details

The Chinese project title is 提供客货两用船.

Number of official sources

4

Number of total sources

5

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Development Bank of Mauritius Ltd (DBM) [State-owned Bank]

Indirect receiving agencies [Type]

Mauritius Shipping Cooperation Ltd. [State-owned Company]

Loan Details

Bilateral loan