Chinese Government provides $10 million grant — via ETCA — for Ministry of Economy and Finance Office Building Construction Project
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Bolivia
Sector
Government and civil society (Code: 150)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
In 2009, the Chinese Government and the Government of Bolivia signed a $10 million grant agreement for the Ministry of Economy and Finance Office Building Construction Project. The grant proceeds were drawn from ETCAs that were previously signed by the parties. The purpose of the project was to construct a new office building for the Ministry of Economy and Public Finance in the capital city of La Paz. An implementation contract was signed with China IPPR International Engineering Co., Ltd (中国中元国际工程有限公司) on March 31, 2010. A project design proposal was then delivered to the Chinese Government in November 2011. The building was officially inaugurated on May 30, 2017.
Additional details
The Spanish project title is la construcción del nuevo edificio del Ministerio de Economía y Finanzas Públicas de Bolivia. The Chinese project title is 玻利维亚财政部办公楼项目.
Number of official sources
4
Number of total sources
6
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Bolivia [Government Agency]
Implementing agencies [Type]
China IPPR International Engineering Co., Ltd. [State-owned Company]