China Eximbank loans $58.5 million to Turonbank for four hydropower projects (Linked to Record ID#54143)

Funder	China (People's Republic of)
Recipient Organization	Uzbekistan
Country	Uzbekistan
Start Date	Jun 06, 2017
End Date	Dec 23, 2032
Duration	5,679 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`54385`

Grant Description

China Eximbank loans $58.5 million to Turonbank for four hydropower projects On November 30, 2017, Turonbank of Uzbekistan secured a loan of $58.5 million from the Export-Import Bank of China with a term of 20-years.

The funds were raised for a four projects: 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.