China Eximbank provide $350 million loan for Kamchiq Tunnel in the Angren-Pap Railway

Funder	China (People's Republic of)
Recipient Organization	Uzbekistan
Country	Uzbekistan
Start Date	Dec 20, 2013
End Date	Jul 17, 2028
Duration	5,323 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`40325`

Grant Description

China Eximbank provide $350 million loan for Kamchiq Tunnel in the Angren-Pap Railway On November 30, 2013, China Eximbank and National Bank of Uzbekistan signed a loan agreement worth $350 million for the construction of the 19.2 km Kamchiq railway tunnel linking the Central Asian nation’s populous Ferghana Valley with the rest of the country.

📋 Loan / Grant Terms

💰 Loan Amountwere as follows: 20 year maturity

📅 Maturity20 years

⏳ Grace Period5 years

This tunnel is part of the Angren-Pap railway line. 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.