Project ID: 35019

China provides 100 million RMB grant for economic and technical cooperation to Maldives

Commitment amount

$ 16144628.16

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

Maldives

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

2011-05-31

Planned implementation start

2011-09-04

Planned completion

Description

In September 2012, President Dr Mohamed Waheed and Premier Mr Wen Jiabao witnessed the signing ceremony of the agreement on economic and technical cooperation through which the government of China will provide 100m Renminbi Yuan as grant assistance to Maldives. The signing of this economic and technological cooperation agreement follows an initial pledge of grant aid offered by Wu Bangguo, Chairman of the Standing Committee of the National People’s Assembly of China, in late May 2011. It remains unclear what the funds will be used for.

Number of official sources

0

Number of unofficial sources

2

Download the dataset

Details

Cofinanced

No