Project ID: 34417

China provides 50 million RMB grant assistance for economic and technical cooperation with Nepal

Commitment amount

$ 8260496.905

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

Nepal

Sector

Other multisector (Code: 430)

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

In February 2011, China signed an agreement to provide 50 million RMB (547 million NPR) in assistance to Nepal as a gesture of commitment to promote friendly relations and enhance the economic and technical cooperation between the two countries. The assistance will be utilized for the mutually agreed projects pending decision between the two governments.

Number of official sources

0

Number of unofficial sources

6

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Nepal [Government Agency]