Chinese Government pledges $26,357,891 loan for provision of 500 tractors

$26.36M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Democratic Republic of Congo
Country	Democratic Republic of the Congo
Start Date	Jan 01, 2010
End Date	Jul 09, 2032
Duration	8,225 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`31654`

Grant Description

Chinese Government pledges $26,357,891 loan for provision of 500 tractors According to the Aid Management Platform (AMP) of the Government of the Democratic Republic of Congo, the Chinese Government pledged in 2010 to provide $26,357,891.00 to the DRC to facilitate its acquisition of 500 tractors for the DRC.

The Center for International Forestry Research reported that this pledge was in the form of a loan. Details of the terms of the loan are unknown.

📚 Sources & References

DRC's Aid Management Platform
Projets
中国贸易和投资与刚果盆地的森林 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.