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Chinese Government provides RMB 40 million loan for Passenger-Cargo Vessel Acquisition Project
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Development Bank of Mauritius Limited (DBM) |
| Country | Mauritius |
| Start Date | Jan 01, 2001 |
| End Date | Oct 12, 2028 |
| Duration | 10,146 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 72907 |
Grant Description
Chinese Government provides RMB 40 million loan for Passenger-Cargo Vessel Acquisition Project In 2001, China’s Ministry of Commerce provided an RMB 40 million loan to Development Bank of Mauritius Ltd. for a Passenger-Cargo Vessel Acquisition Project.
Development Bank of Mauritius Ltd., in turn, used the proceeds of this loan to on-lend to Mauritius Shipping Corporation Ltd, a state-owned enterprise in Mauritius.
The purpose of this project was to facilitate the acquisition of a dual-use (两用) vessel to carry both passengers and cargo. China’s Ministry of Commerce identifies this project as a completed foreign aid project.
Staff Comments
The Chinese project title is 提供客货两用船.
Sources & References
- Survey of Sino-Mauritian Bilateral Relations
- 中毛两国建交后签有《经济技术合作协定》、《避免双重征税协定》、《关于相互促进和保护投资协定》和《关于双边劳务合作的协定》。中毛两国经济和贸易关系发展情况如下：
- Statement of Contingent Liabilities including details of any Loans,…s at 30 June, 2007.pdf, china_data_032010[1].xlsx
- Codebook for Assembling Data on China’ s Development Finance 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
Development Bank of Mauritius Limited (DBM)
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