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Overview

Chinese Government provides SBD 1.5 million under Rural Sustainable Development Program for economic center in Matekolukolu Community (Linked to Record ID#107236)

Commitments (Constant USD, 2023)$181,373
Commitment Year•2023Country of Activity•Solomon IslandsDirect Recipient Country of Incorporation•Solomon IslandsSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Dec 5, 2023

Geospatial footprint

Map overview

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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

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Solomon Islands Ministry of Rural Development

Loan description

Chinese Government provides SBD 1.5 million under Rural Sustainable Development Program for economic center in Matekolukolu Community (Linked to Record ID#107236)

Narrative

Full Description

Project narrative

On December 5, 2023, the Chinese Government provided SBD 1.5 million to the Matekolukolu Community in Birao Ward, Kopiu Bay, East Guadalcanal Constituency (EGC) for the construction of a 95-meter-long economic growth center complex. The new facility will house the constituency office, a shopping center, and a meeting venue for the four wards and communities in EGC, among other purposes. This project is funded under the "Rural Sustainable Development Program”(RSDP), a Chinese Government initiative supporting community infrastructure projects to improve the livelihoods of rural populations. The total program funding is US$10 million (approximately SBD 80 million). The project funding agreement was signed jointly with Record ID#107236 on December 5, 2023, for a combined total of SBD 3 million. Each project received SBD 1.5 million.

Staff comments

1. The funding agreement for this project was signed on December 5, 2023, alongside Record ID#107236, with a total commitment of SBD 3 million (SBD 1.5 million per project) under the Rural Sustainable Development Program. 2. This project is funded under the "Rural Sustainable Development Program” which PRC has committed a total of US$10 million (approx. SBD$80m)