Active Mixed AidData Chinese Aid

China Eximbank provides a $5.1 million USD loan for the purchase of 60-65 excavators (Linked to Record ID#39956)

$5.1M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Uzbekistan
Country	Uzbekistan
Start Date	Jan 01, 2005
End Date	Dec 30, 2032
Duration	10,225 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`72164`

Grant Description

China Eximbank provides a $5.1 million USD loan for the purchase of 60-65 excavators On November 11, 2004, the Export-Import Bank of China and the Government of Uzbekistan signed a $300 million USD preferential buyer's credit (PBC) loan agreement (see linked umbrella Record ID#39956).

Under this line of credit agreement, China Eximbank allocated $5.1 million USD for the purchase of 60-65 excavators to improve the reclamation state of irrigated lands in the Bukhara, Navoi and Kashkadarya regions. The Uzbekistan's Ministry of Agriculture and Water Resources was responsible for project implementation.

The Asian Development Bank provided two loans worth a total of $60.2 million USD for this project, while the Government of Uzbekistan's contributions, in the form of exemption from taxes, customs duties and mandatory contributions and contributions from the farms and water users set to benefit from the project amounted to $15.6 million USD.

📋 Staff Comments

The Russian name of this project is Улучшение мелиоративного состояния земель Бухарской, Навоийской и Кашкадарьинской областей. While they share many commonalties, this project is distinct from the China Eximbank loan drawn from a 2004 line of credit (RMB tranche instead of USD) captured by project ID#72162.

📚 Sources & References

ПОСТАНОВЛЕНИЕ КАБИНЕТА МИНИСТРОВ РЕСПУБЛИКИ УЗБЕКИСТАН 19.07.2004, ПОСТАНОВЛЕНИЕ П Р Е З И Д Е Н Т А РЕСПУБЛИКИ УЗБЕКИСТАН 23.05.2005, О МЕРАХ ПО РЕАЛИЗАЦИИ ПРОЕКТА «УЛУЧШЕНИЕ МЕЛИОРАТИВНОГО СОСТОЯНИЯ ЗЕМЕЛЬ В БУХАРСКОЙ, НАВОИЙСКОЙ И КАШКАДАРЬИНСКОЙ ОБЛАСТЯХ» С УЧАСТИЕМ АЗИАТСКОГО БАНКА РАЗВИТИЯ, ПРОЕКТ «УЛУЧШЕНИЕ МЕЛИОРАТИВНОГО СОСТОЯНИЯ ЗЕМЕЛЬ В БУХАРСКОЙ, НАВОИЙСКОЙ И КАШКАДАРЬИНСКОЙ ОБЛАСТЯХ» 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.