COVEC provides supplier credit worth 1.1. billion CFAF to Sino-Malian Textile Company

Funder	China (People's Republic of)
Recipient Organization	Mali
Country	Mali
Start Date	Feb 21, 2011
End Date	May 02, 2028
Duration	6,280 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`73245`

Grant Description

COVEC provides supplier credit worth 1.1. billion CFAF to Sino-Malian Textile Company In 2011, China Overseas Engineering Group Co.

Ltd. (COVEC), a subsidiary of the state-owned China Railway Group Limited (CREC), provided a supplier credit worth 1,100,000,000 CFA francs to La Compagnie Malienne de Textile (COMATEX S.A. or 马里纺织股份有限公) for unspecified purposes.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

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.