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China Eximbank provides RMB 470 million loan to support domestic production of (MA60) civil aircraft in Cambodia
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | AVIC International Leasing Co., Ltd. (AVICL)|Cambodia Bayon Air Co., Ltd. |
| Country | Cambodia |
| Start Date | Feb 02, 2016 |
| End Date | Jan 30, 2026 |
| Duration | 3,650 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 85342 |
Grant Description
China Eximbank provides RMB 470 million loan to support domestic production of (MA60) civil aircraft in Cambodia On February 2, 2016, China Eximbank issued an RMB 470 million loan to Cambodia Bayon Air Co., Ltd. (Khmer: អាកាសចរណ៍ កម្ពុជា បាយ័ន/បាយ័នអ៊ែរឡាញ; Chinese: 柬埔寨巴戎航空有限公司 or 巴戎航空) and AVIC International Leasing Co., Ltd. to support domestic production of (MA60) civil aircraft in Cambodia.
The first MA60 aircraft was delivered to Cambodia Bayon Airlines on December 15, 2014. The airline’s inaugural flight between Phnom Penh and Siem Reap took place on December 31, 2014. The airline’s inaugural international flight to Ho Chi Minh City, Vietnam took place on July 1, 2015. The airline ceased all operations in 2019.
Cambodia Bayon Air Co., Ltd. (also known as Cambodia Bayon Airlines) is a project company and wholly-owned subsidiary of Bayon Airlines Holding Ltd., which was, in turn, a subsidiary of the Chinese state-owned carrier Joy Air. Cambodia Bayon Airlines was registered in April 2014, and its air operator's certificate was received in December 2014.
Sources & References
- 中国进出口银行：近五年对航空制造业投放贷款近千亿
- 进出口银行力挺国产民机开拓国内外市场
- 中航工业与中国进出口银行签民机融资框架协议
- Lenovo settles US laptop lawsuit
- AVIC takes flight in Cambodia
- Cambodia Bayon Airlines
- China Eastern Airlines
- Joy Air
- 柬埔寨巴戎航空助力“中国制造”民机走向海外 原文網址：https://kknews.cc/finance/b68qqz9.html
- 集团与中国进出口银行签署民机融资框架协议暨贷款协议
- Social Responsibility Report 2014
- MA 700 will transfer to engineering stage with 185 aircraft orders
- 口行新闻_中国进出口银行
- EX-IM Bank reveals latest aviation deals 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
AVIC International Leasing Co., Ltd. (AVICL)|Cambodia Bayon Air Co., Ltd.
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