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Overview

Chinese Government provides RMB 93.5 million grant for Steel Product Acquisition Project

Commitments (Constant USD, 2023)$13,980,741
Commitment Year•2020Country of Activity•CubaDirect Recipient Country of Incorporation•CubaSector•Industry, Mining, ConstructionFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Sep 1, 2020

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Cuba

Loan description

Chinese Government provides RMB 93.5 million grant for Steel Product Acquisition Project

Narrative

Full Description

Project narrative

In September 2020, the Chinese Government and the Government of Cuba signed an RMB 93.5 million grant agreement for the Steel Product Acquisition Project. The purpose of the project is to acquire steel products for repair, maintenance and construction purposes.

Staff comments

1. The Spanish project title is el proyecto para la adquisición de productos de acero destinados a reparación, mantenimiento y construcción.