Project ID: 1674

Chinese Government provides Liberia RMB 50 million as part of ETCA

Commitment amount

$ 9521936.141

Constant 2017 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Umbrella project

This project is classified as an "umbrella" project, and is connected to related projects.

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Liberia

Sector

Unallocated/unspecified (Code: 998)

Flow type

Vague TBD

Concessional

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

Estimated.

2008

Description

An agreement was signed on December 29, 2008 between The governments of China and Liberia for 50 million CNY (approximately $9 million USD) with the intention of 'promoting economic and technical cooperation between the two countries.' The amount will be used to cover the express of the projects agreed upon by the two sides, but these projects are not defined. The Ministry of Finance of the Republic of Liberia and the China Development Bank will be cooperating on the implementation of this project.

Additional details

Source states that MoU was signed for economic and technical purposes with CDB carrying out implementation and currently unspecified purposes. For these reasons, feedback QA coder decided to code project as ETCA and set funding agency to MOFCOM.

Number of official sources

0

Number of unofficial sources

1

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Liberia [Government Agency]

Implementing agencies [Type]

China Development Bank (CDB) [State-owned Policy Bank]; Ministry of Finance of the Republic of Liberia [Government Agency]