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China Eximbank pledges $51 million loan for Procurement of Diesel Electric Locomotives Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Indonesia |
| Country | Indonesia |
| Start Date | Jan 01, 2011 |
| End Date | Sep 10, 2030 |
| Duration | 7,192 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 61307 |
Grant Description
China Eximbank pledges $51 million loan for Procurement of Diesel Electric Locomotives Project In a 2011 List of Planned Priority External Loans (DRPPLN), the Government of Indonesia’s Planning Ministry (BAPPENAS) identified a potential $51 million China Eximbank loan for the Procurement of Diesel Electric Locomotives Project.
The purpose of this project was to address the demand for locomotives to facilitate the transportation of passengers and goods on Java island.
It would have involved the procurement of 30 locomotives of the DC/DC type (BB-202, CC-201, and CC203) and the latest AC/DC type (CC-204 and CC-202).
It would have benefited the following locations: Banten, DKI Jakarta, West Java, Central Java, DI Yogyakarta, and East Java (Java Island).
This project is status-coded as a pledge because AidData has not identified any evidence that it ever resulted in a signed loan agreement (i.e. an official commitment) with China Eximbank.
Sources & References
- List of Planned Priority External Loans and Grants (DRPPHLN) 2011
- PROJECT AND TECHNICAL ASSISTANCE PROPOSALS 2006 - 2009
- List of Planned Priority External Loans (DRPPLN) 2011 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
Government of Indonesia
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