China provides $5 million grant to Liberia
Constant 2017 USD
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This project is classified as an "umbrella" project, and is connected to related projects.
Funding agency [Type]
Unallocated/unspecified (Code: 998)
In November of 2006, China provided a $5 million grant to Liberia. The exact purpose of the grant is undecided, but it is related to the MoU that was signed allowing Chinese engineers to explore for offshore oil and possible mineral reserves. The MOU also outlined the development of a free trade zone at the Atlantic Ocean Port of Buchanan.
Number of official sources
Number of unofficial sources