Project ID: 96217

CDB provides $200 million loan to finance projects with the participation of the Chinese suppliers

Commitment amount

$ 200000000.0

Adjusted commitment amount

$ 200000000.0

Constant 2021 USD

Summary

Funding agency [Type]

China Development Bank (CDB) [State-owned Policy Bank]

Recipient

Uzbekistan

Sector

Industry, mining, construction (Code: 320)

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

OOF-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

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2021-12-01

Description

In December 2021, China Development Bank and the National Bank for Foreign Economic Activity of the Republic of Uzbekistan signed a $200 million loan agreement to finance projects with the participation of the Chinese suppliers. The loan carries a 10-year maturity, a 3-year grace period, and an unspecified interest rate. A $2,507,500 drawdown (disbursement) took place in 2022.

Number of official sources

1

Number of total sources

1

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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]

Loan Details

Maturity

10 years

Grace period

3 years

Bilateral loan

Inter-bank loan