Chinese Government provides a RMB 50 million grant - via a December 2013 ETCA - for unspecified development projects
Commitment amount
$ 7901377.384
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]
China Ministry of Commerce [Government Agency]
Recipient
Maldives
Sector
Unallocated/unspecified (Code: 998)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Description
On December 5, 2013, the Chinese Government and the Government of the Maldives signed an Economic and Technical Cooperation Agreement (ETCA) in which the Chinese Government committed RMB 50 million in grant funding to the Maldives for unspecified development projects (see 'Maldives and China sign Grant Aid Agreement of 50 million Yuan').
Additional details
It is unclear if any subsidiary projects were ever funded with the proceeds from this grant agreement.As this is an ETCA, which is a financing mechanism specific to China's Ministry of Commerce (MOFCOM), AidData has coded MOFCOM as the specific Chinese Government institution responsible for providing this grant.
Number of official sources
3
Number of unofficial sources
1
Details
Cofinanced
No
Receiving agencies [Type]
Government of the Maldives [Government Agency]