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CDB provides $156 million loan for purchase of four Boeing 767 aircraft (Linked to Projecs ID#71910 and #72507)
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Uzbekistan Airways JSC |
| Country | Uzbekistan |
| Start Date | May 11, 2011 |
| End Date | Feb 21, 2030 |
| Duration | 6,861 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 72506 |
Grant Description
CDB provides $156 million loan for purchase of four Boeing 767 aircraft On May 11, 2011, Uzbekistan Airlines JSC announced that it would be utilizing $156 million from a $500 million line of credit from China Development Bank (captured via Record ID#72507) for the purchase of four new Boeing 767-300ER aircraft.
Then, on February 8, 2012 Boeing delivered the first of the four 767-300ERs. The contract was fulfilled in full by July 4, 2013. The total value of the contract was $577.5 million. Additional lending support for this project was provided by the Islamic Development Bank.
This acquisition followed an earlier agreement from the CDB in which they provided a $179 million loan for the purchase of four Airbus A-320 aircraft (as captured via Record ID#71910).
Sources & References
- CDB to finance purchase of foreign aircrafts by Uzbekistan Airways
- Ambassador Zhang Xiao met with Gao Jian
- Vice President of China Development Bank
- The State Development Bank of China to provide Uzbek Airlines with a loan of $ 156 million for the purchase of 4 Boeing, О ДОПОЛНИТЕЛЬНЫХ МЕРАХ ПО РЕАЛИЗАЦИИ ИНВЕСТИЦИОННОГО ПРОЕКТА «ОБНОВЛЕНИЕ И УНИФИКАЦИЯ ПАРКА ВОЗДУШНЫХ СУДОВ НАК «УЗБЕКИСТОН ХАВО ЙУЛЛАРИ», О мерах по реализации инвестиционного проекта «Обновление и унификация парка воздушных судов НАК «Узбекистон хаво йуллари»
- Uzbekistan Airways receives fourth Boeing 767-300ER, ИБР предоставил Узбекистану кредит на приобретение самолетов Boeing
- 国家开发银行
- Boeing Delivers Uzbekistan Airways 767-300ER as Airline Marks 20th Anniversary 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
Uzbekistan Airways JSC
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