CAMCE provides $40 million supplier's credit for agricultural machinery

Funder	China (People's Republic of)
Recipient Organization	Venezuela
Country	Venezuela
Start Date	Sep 01, 2004
End Date	Oct 29, 2033
Duration	10,650 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`35885`

Grant Description

CAMCE provides $40 million supplier's credit for agricultural machinery On December 28, 2004, CAMC Engineering Co.

LTD (CAMCE) provided a $40 million supplier's credit to the Government of Venezuela for the acquisition of agricultural machinery. On April 27, 2004, CAMCE delivered 530 tractors and 340 sprinkler irrigation units to Venezuela. 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.