Project ID: 33811

Chinese Government grants RMB 300 million to Laos for unspecified purposes (linked to #33812)

Commitment amount

$ 47408264.3

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

Lao People's Democratic Republic

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

2013

Description

In September 2013, China agreed to grant Laos 300 million RMB ($49 million) and provide a 200 million RMB ($32.6 million) interest-free loan, according to news reports ('China gives Laos $81m in aid, loans'). The agreement was signed by Lao Prime Minister Thongsing Thamavong and his Chinese counterpart Li Keqiang. This project captures the 300 million RMB grant. This project is linked to #33812, the RMB 200 million interest-free loan.It is likely that this grant and the interest-free loan captured in #33812 are part of an economic and technical cooperation agreement, but no official source confirms this information.

Number of official sources

0

Number of unofficial sources

6

Download the dataset

Details

Cofinanced

No

Implementing agencies [Type]

Government of Laos [Government Agency]