China CNPC pledges 1 million USD annual donation to Myanmar (Linked to ID #34468)
Pledged amount
$ 1018504.692
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 National Petroleum Corporation (CNPC) [State-owned Company]
Recipient
Myanmar
Sector
Industry, mining, construction (Code: 320)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
In 2012 the China National Petroleum Corporation pledged a 1 million USD annual donation to Myanmar for development projects, beginning that year. This is part of the China-Myanmar oil and gas pipeline construction program, and the amount is provided to ensure safe operation. This amount was pledged in the midst of growing resentment among the Myanmar population in relation to the construction of pipelines in the country. The status of transactions in 2012 and subsequent years is unknown.
Additional details
Linked to project #34468.
Number of official sources
0
Number of unofficial sources
4
Details
Cofinanced
No
Receiving agencies [Type]
Government of Myanmar (Burma) [Government Agency]
Implementing agencies [Type]
Government of Myanmar (Burma) [Government Agency]