Active Development AidData Chinese Aid

China Eximbank loans RMB 99.99 million for the acquistion and installation of 400,000 household gas meters (Linked to Record ID#39926)

¥99.99M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU)
Country	Uzbekistan
Start Date	Jan 01, 2003
End Date	Oct 27, 2029
Duration	9,796 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`72133`

Grant Description

China Eximbank loans RMB 99.99 million for the acquistion and installation of 400,000 household gas meters On April 24th, 2002, China Eximbank provided the National Bank for Foreign Economic Affairs of Uzbekistan with RMB 99,990,000 loan agreement for the acquisition and installation of 400,000 household gas meters (Linked to Record ID#39926).

📋 Loan / Grant Terms

💰 Loan Amountwere as follows: 2

💹 Interest Rate2.5%

The National Bank for Foreign Economic Affairs of Uzbekistan then used the proceeds from this loan to on-lend (through a subsidiary loan agreement) to the Boskommungaz Enterprise («Бошкоммунгаз» агентства) of the Uzkommunkhizmat Agency («Узкоммунхизмат»).

📋 Staff Comments

One source identifies the interest rate as 3% rather than 2.5%. This distinction likely reflects the difference in the original loan agreement and the subsidiary loan agreement. The Russian project title is 'для организации поставок в Республику Узбекистан приборов учета газа. This project is linked to a Chinese government 30 million RMB interest-free loan in 2001 for the acquisition and installation of household gas meters (Project ID#39926).

📚 Sources & References

КРЕДИТ ЭКСИМБАНКА КИТАЯ, ПОСТАНОВЛЕНИЕ КАБИНЕТА МИНИСТРОВ РЕСПУБЛИКИ УЗБЕКИСТАН, ПОСТАНОВЛЕНИЕ КАБИНЕТА МИНИСТРОВ РЕСПУБЛИКИ УЗБЕКИСТАН, ПОСТАНОВЛЕНИЕ КАБИНЕТА МИНИСТРОВ РЕСПУБЛИКИ УЗБЕКИСТАН 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

National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU)

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