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Overview

Chinese Government provides $10 million grant — via ETCA — for Ministry of Economy and Finance Office Building Construction Project

Commitment Year•2009Country of Activity•BoliviaDirect Recipient Country of Incorporation•BoliviaSector•Government And Civil SocietyFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Mar 12, 2009
Start (actual)
Mar 31, 2010
End (actual)
May 30, 2017

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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This project involved the construction of an office building on Avenida Mariscal Santa Cruz in the city of La Paz. More detailed locational information can be found at https://www.openstreetmap.org/node/5272733212

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Bolivia

Implementing agencies

State-owned companies

  • China IPPR International Engineering Co., Ltd.

Loan desecription

Chinese Government provides $10 million grant — via ETCA — for Ministry of Economy and Finance Office Building Construction Project

Narrative

Full Description

Project narrative

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.

Staff comments

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.