China Eximbank agreed to provide up to RMB 1.385 billion for the Paksat-1R Project (Linked to Record ID#36953 and #43298)

Funder	China (People's Republic of)
Recipient Organization	Pakistan
Country	Pakistan
Start Date	Jul 22, 2009
End Date	Jun 11, 2026
Duration	6,168 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`72713`

Grant Description

China Eximbank agreed to provide up to RMB 1.385 billion for the Paksat-1R Project In September 2009, China Eximbank and the Government of Pakistan signed a framework agreement.

Under the terms of the framework agreement, China Eximbank agreed to provide up to RMB 1.385 billion for the Paksat-1R Project.

📋 Loan / Grant Terms

📅 Maturity20 years

⏳ Grace Period5 years

💹 Interest Rate2%

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.