Export-Import (Exim) Bank of China #42408
Created at
2020-05-24
Last update
2020-05-24
0 Parents (Involvements as child)
2 Children (Involvements as parent)
ID
Name
Bui Power Authority
Country of registration/origin
Ghana
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
562 000 000
Comment
US$270million concessional loan plus US$292million commercial loan
ID
Name
Bangladesh Railway
Country of registration/origin
Bangladesh
Classification
State-/government (owned) company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
2 667 940 000
$
Loan date
2018-04-27
Comment
China is financing 85% of the project cost while the remaining 15% will be borne by the Government of Bangladesh.
The Economic Relations Division (ERD) of the Ministry of Finance of the Government of Bangladesh signed a $2.67bn loan agreement with the China Exim Bank for the project in April 2018.
The commercial contract value of the project is $3.13bn, of which China will provide $2.67bn (85%) as preferential buyer’s credit and the Government of Bangladesh will invest the remaining $470.81m (15%) in the project.