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Active Mixed AidData Chinese Aid

China Development Bank provides USD 40 million loan to XCMG Brazil

$40M USD

Funder China Development Bank (CDB)
Recipient Organization XCMG Brasil Industria Ltda (XCMG Brazil)
Country Brazil
Start Date Jun 01, 2013
End Date Apr 13, 2033
Duration 7,256 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 60317
Grant Description

China Development Bank provides USD 40 million loan to XCMG Brazil In June 2013, China Development Bank loaned $40,000,000 to XCMG Brasil Industria Ltda ("XCMG BRASIL IND.LTDA."), the Brazilian branch of the Chinese construction equipment supplying company XCMG Construction.

📋 Loan / Grant Terms
💰 Loan Amountterms are unknown

The Brazil Central Bank lists the loan registration (ID TA636534) as complete.

📚 Sources & References

BrazilCentralBank_September102018 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.

All Grantees

XCMG Brasil Industria Ltda (XCMG Brazil)

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