Completed Development AidData Chinese Aid

China Development Bank provides $8.48 million loan for reconstruction of the AM-76 ammonia production unit

$8.49M USD

Funder	China Development Bank (CDB)
Recipient Organization	National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU)
Country	Uzbekistan
Start Date	Jan 01, 2007
End Date	Nov 25, 2030
Duration	8,729 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`71631`

Grant Description

China Development Bank provides $8.48 million loan for reconstruction of the AM-76 ammonia production unit In 2007, China Development Bank and National Bank for Foreign Economic Activity of Uzbekistan signed a $8,489,500 loan agreement for the reconstruction of the AM-76 ammonia production unit at OJSC Ferganaazot.

📋 Loan / Grant Terms

💰 Loan Amountwere as follows: 11 year maturity

📅 Maturity11 years

⏳ Grace Period2 years

This project was completed on January 15, 2010. Ferghanaazot OJSC is located in the city of Fergana within the Ferghana region.

📋 Staff Comments

The Russian name of this project is «Реконструкция с элементами капитально- восстановительного ремонта производства аммиака АМ-76 на ОАО «Ферганаазот».
For loan and debt rescheduling records with variable interest rates, AidData calculates the all-in interest rate at T0 based on the reference rate (such as LIBOR or EURIBOR) on the loan start date, plus any known margin. Please see the methodology for additional details.

📚 Sources & References

О МЕРАХ ПО РЕАЛИЗАЦИИ ПРОЕКТОВ РЕКОНСТРУКЦИИ И МОДЕРНИЗАЦИИ АГРЕГАТОВ АММИАКА НА ОАО «МАКСАМ-ЧИРЧИК» И ОАО «ФЕРГАНААЗОТ», О МЕРАХ ПО РЕАЛИЗАЦИИ ПРОЕКТОВ РЕКОНСТРУКЦИИ И МОДЕРНИЗАЦИИ АГРЕГАТОВ АММИАКА НА ОАО 'МАКСАМ-ЧИРЧИК' И ОАО 'ФЕРГАНААЗОТ', ОБ ИНВЕСТИЦИОННОЙ ПРОГРАММЕ РЕСПУБЛИКИ УЗБЕКИСТАН НА 2008 ГОД, На «Максам-Чирчике» и «Ферганаазоте» завершена реконструкция агрегатов аммиака, О МЕРАХ ПО РЕАЛИЗАЦИИ ПРОЕКТОВ РЕКОНСТРУКЦИИ И МОДЕРНИЗАЦИИ АГРЕГАТОВ АММИАКА НА ОАО «МАКСАМ-ЧИРЧИК» И ОАО «ФЕРГАНААЗОТ» 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.