Project ID: 34423

150 million yuan grant for economic and technical assistance

Commitment amount

$ 24781490.71

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

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

2011

Description

In August 2011, China signed an agreement with Nepal providing for a RMB 150 million grant for economic and technical cooperation.This agreement was one of the four agreements reached during Chinese President Hu Jintao’s visit to Nepal in August 2011. He he led an unusually large 60-member delegation, which included three ministers and four vice-ministers. The other agreements can be found in projects #34424 and #34425.

Number of official sources

0

Number of unofficial sources

2

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Details

Cofinanced

No

Receiving agencies [Type]

Government of Nepal [Government Agency]