Skip to content
AidData logo

Overview

CNPC-AktobeMunaiGaz provides 1.3 billion tenge for construction of Youth Palace Performing Arts Center in Aktobe

Commitments (Constant USD, 2023)$6,101,591
Commitment Year•2015Country of Activity•KazakhstanDirect Recipient Country of Incorporation•KazakhstanSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2015
Start (actual)
Jan 1, 2016
End (actual)
Dec 31, 2017

Stakeholders

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

Funding agencies

State-owned companies

  • China National Petroleum Corporation (CNPC)

Receiving agencies

Government Agencies

  • Akimat of Aktobe region

Implementing agencies

Joint Venture/Special Purpose Vehicles

  • CNPC AktobeMunaiGas JSC (CNPC AMG)

Loan description

CNPC-AktobeMunaiGaz provides 1.3 billion tenge for construction of Youth Palace Performing Arts Center in Aktobe

Narrative

Full Description

Project narrative

In 2015, the Akimat of Aktobe and CNPC-AktobeMunaiGaz signed a memorandum of understanding to build the Aktobe Youth Palace Performing Arts Center. The purpose of the project was to build a 9,500 square meter 3 story performing arts center. The complex hosts youth programs, seminars, conferences, concerts, film screenings and art performances. Construction was reported to cost 1.3 billion tenge. In 2016, construction began on the performing arts center. In 2017, construction was completed and the center was handed over.

Staff comments

1. The project is known as the Aktobe Youth Palace. In Kazakh, the project is known as the Ақтөбе Жастар сарайы or the Ақтөбе Өнер орталығы. In Chinese, the project is called the 阿克纠宾艺术中心. 2. The precise dates of this project are unknown- this issue requires further investigation.