CDB provided $110 million loan pledge in 2013 for the Rahnamo-Nur Uzbekistan-Aktyubinskaya Oblast Cement Plant Construction Project (linked to Record ID#72754)

Funder	China (People's Republic of)
Recipient Organization	Uzbekistan
Country	Uzbekistan
Start Date	Jan 06, 2013
End Date	Oct 25, 2032
Duration	7,232 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`40227`

Grant Description

CDB provided $110 million loan pledge in 2013 for the Rahnamo-Nur Uzbekistan-Aktyubinskaya Oblast Cement Plant Construction Project On February 22, 2013, Akbar Mukhiddinov reported that China Development Bank would be extending a credit of 110 million USD to the Uzbek-U.S. joint venture Rakhnamo-Nur to implement the Rahnamo-Nur Uzbekistan-Aktyubinskaya Oblast Cement Plant Construction Project in the republic of Karakalpakstan, Uzbekistan.

Details of the loan were not specified. Planned end construction date is end 2014. 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.