Project ID: 30498

Chinese government grants RMB 50 million through Economic and Technical Cooperation Agreement (under umbrella #60218)

Commitment amount

$ 8072314.082

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

Congo

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

2012

Description

On September 4, 2012, During the working visit to Brazzaville, the Deputy Prime Minister of the Council of State Affairs of the People's Republic of China, Hui Liangyu, signed seven cooperation agreements with Republic of Congo. These agreements include the Agreement on economic and technical cooperation to grant Congo RMB 50 million.Also signed at this meeting were an agreement on economic and technical cooperation (Project #30500), an interest-free loan of 50 million RMB (Project #30497), a financing agreement for the nationwide telecommunications project's Phase III at 68,411,003.85 USD (#57531), an individual loan agreement for the road project on the border with Gabon at 76,894,549.60 USD, an agreement on economic and technical cooperation (Project #30500), a convention on the proposed construction of social housing in Mont Mambou at 69,689,969 USD (#30499), $1 billion will be for financing rebuilding in Mpila (#49541), and an agreement on technical and scientific cooperation between the Academy of Tropical Agriculture of China (ACLS) and the center of research and initiation of technology projects of the Congo (CRIPT). This project is under umbrella #60218.

Number of official sources

2

Number of unofficial sources

0

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Details

Cofinanced

No

Implementing agencies [Type]

Government of Republic of Congo [Government Agency]