Completed Mixed AidData Chinese Aid

China Eximbank provides loan for Bengkulu Coal Mine Project

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Zhongding International Engineering Co., Ltd. (ZIEC)
Country	Indonesia
Start Date	May 01, 2007
End Date	Jul 31, 2027
Duration	7,396 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`69372`

Grant Description

China Eximbank provides loan for Bengkulu Coal Mine Project In 2007, the Jiangxi Provincial Branch of the Export-Import Bank of China issued a loan to Zhongding International Engineering Co. Ltd for the Bengkulu Coal Mine Project.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

The purpose of the project was to develop an underground coal mine in Bengkulu Province on the island of Sumatra (朋古鲁煤矿). Construction of the first well began in October 2007. Construction of the second well began in May 2009. Upon completion, the mine was expected to produce 1.2 million tons of coal a year.

On March 31, 2018, the project was officially completed and handed over to its local owner. China Eximbank conducted an on-site, post-loan project inspection on May 26, 2018.

📋 Staff Comments

The Chinese project title is 印尼朋古鲁煤矿 or 朋古鲁煤矿位 or 印尼朋古鲁煤矿投资合作开采项目 or 中鼎国际印尼朋古鲁煤矿二井及自备电厂项目.
Intent of project marked as mixed as loan provided was likely an overseas investment loan to support Zhongding's investment in constructing the coal mine.

📚 Sources & References

中国进出口银行上海分行俞国壮一行考察印尼煤矿
中鼎国际投资建设的印尼朋古鲁煤矿正式启动
发挥优势与特色江西口行力促赣企走出去
中鼎国际在印尼井工煤矿实施机械化开采
中鼎集团与萍矿集团举办印尼朋古鲁煤矿交接仪式
江西省分行
中国进出口银行上海分行一行到中鼎国际调研
凝聚可持续共识推动绿色矿业发展—— 访中鼎国际董事长胡立俭, https://www.asx.com.au/asxpdf/20121002/pdf/4293nv65lf617g.pdf
SEPTEMBER 2012 QUARTERLY ACTIVITIES REPORT
Investissement en Chine et à l’étranger
COVID 19: Coronavirus Outbreak
百年中鼎 - 创业传奇胡立俭
萍矿集团正式接管中鼎国际集团印尼朋古鲁煤矿 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.