Project ID: 34429

China grants 500 million RMB for infrastructure development in Nepal (Linked to Project #38351)

Commitment amount

$ 88795454.9

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

2012

Description

In 2012, the Chinese Government signed an agreement committed to providing a total of 750 million RMB to the Government of Nepal for unspecified infrastructure projects. This agreement stipulated that China would provide 200 million RMB every year for three years as well as 150 million RMB over the course of the entire three year period. One of these 200 million RMB grants was provided through an Economic and Technical Cooperation Agreement (see Project #38351). This project captures the remaining 550 million RMB.

Number of official sources

2

Number of unofficial sources

5

Download the dataset

Details

Cofinanced

No

Receiving agencies [Type]

Government of Nepal [Government Agency]