Project ID: 2334

Chinese Government signs Economic and Technical Cooperation Agreement granting 43.3 billion ZMK for unspecified projects in December 2011 (Linked to ETCA #2335)

Commitment amount

$ 9650118.702

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

Zambia

Sector

Unallocated/unspecified (Code: 998)

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

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

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2011

Description

On December 12, 2011, Zambia’s Finance and National Planning Minister Alexander Chikwanda and China’s Vice-Foreign Minister Zhai Jun signed two Economic and Technical Cooperation Agreements (ETCA). One committed a 43.3 billion ZMK ($8.5 million USD) grant and the other was a 32 billion ZMK ($6.2 million USD) interest-free loan (ETCA #2335). The proceeds from the funds were supposed to be used in the fight against poverty and to support other projects that would support the Government of Zambia’s Sixth National Development Plan (SNDP). However, it is unclear exactly how the proceeds were ultimately used.

Number of official sources

2

Number of unofficial sources

3

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Zambia [Government Agency]