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CDB provides $200 million loan to finance projects with the participation of the Chinese suppliers
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU) |
| Country | Uzbekistan |
| Start Date | Dec 01, 2021 |
| End Date | Feb 21, 2030 |
| Duration | 3,004 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 96217 |
Grant Description
CDB provides $200 million loan to finance projects with the participation of the Chinese suppliers In December 2021, China Development Bank and the National Bank for Foreign Economic Activity of the Republic of Uzbekistan signed a $200 million loan agreement to finance projects with the participation of the Chinese suppliers.
A $2,507,500 drawdown (disbursement) took place in 2022.
Sources & References
JSC “NATIONAL BANK FOR FOREIGN ECONOMIC ACTIVITY OF THE REPUBLIC OF UZBEKISTAN”: Interim condensed consolidated financial statements 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
National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU)
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