Chinese Government commits $14.3 million grant — through ETCA — for unspecified infrastructure projects (Linked to Project ID#30379)
Commitment amount
$ 14564617.1
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
Mozambique
Sector
Other multisector (Code: 430)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
On September 22, 2012, the Government of Mozambique and the Chinese Government signed two Economic and Technical Cooperation Agreements (ETCA) worth approximately $23.7 million for an unspecified set of infrastructure projects. One of the agreements was for a monetary grant worth approximately $14.3 million USD and the other was for an interest-free loan worth approximately $9.4 million. Project ID#30381 captures the grant commitment and Project ID #30379 captures the interest-free loan agreement. Victor Borges, Mozambqiue’s Minister of Fisheries, and Li Rongcan, China’s Assistant Minister of Commerce, signed the agreements.
Number of official sources
0
Number of unofficial sources
3
Details
Cofinanced
No
Receiving agencies [Type]
Government of Mozambique [Government Agency]