Project ID: 34658
China pledges grant of 40 million Chinese Yuan to Indonesia for infastructure development
Pledged amount
$ 10547408.91
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.
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Indonesia
Sector
Other multisector (Code: 430)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
On November 7, 2001 Chinese Prime Minister Zhu Rongii announced a 40 million Chinese Yuan grant to Indonesia for infrastructure development. In exchange for the donation, Indonesia granted China permission to re-open a branch of the Bank of China in Jakarta for the first time since 1967.
Number of official sources
1
Number of unofficial sources
4
Details
Cofinanced
No