Project ID: 2081

China signs ETCA granting 50 million RMB to Seychelles (linked to #55616, #55801)

Commitment amount

$ 8260496.905

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]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Seychelles

Sector

Other multisector (Code: 430)

Flow type

Grant

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

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2011

Description

On 23 March 2011, the Chinese Government signed an Economic and Technical Cooperation Agreement (ETCA) granting 50 million RMB ($8 million USD) to the Government of Seychelles for Glacis school project (#55801) and housing projects at Les Mamelles (unclear whether phase I [#67498], II [#55633], or III [#69021, #68960]) and the Corgate Estate at Mont Fleuri (#55616). The financial breakdown is unclear.The school is expected to have 12 classes for primary level children and six for the creche, as well as administrative offices and specialist rooms for subjects like art. Construction was to commence at the end of 2011. The Les Mamelles housing project was agreed upon in 1999, but these funds will contribute to its completion of 237 housing units. It is unclear how the funds will contribute to the Corgate Estate and Mont Fleuri. The other agreement signed that same day is captured in project #68806.

Number of official sources

1

Number of unofficial sources

4

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Details

Cofinanced

No

Implementing agencies [Type]

Government of Seychelles [Government Agency]