China provides 1M RMB cash grant for Maldives Value Addition and Agriculture Research
Commitment amount
$ 179679.27365801416
Adjusted commitment amount
$ 179679.27
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Maldives
Sector
Agriculture, forestry, fishing (Code: 310)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
On April 10, 2014, China's ambassador to the Maldives and the Maldives Minister of Foreign Affairs signed an agreement for cooperation on an agricultural research project on behalf of the Chinese and Maldivian governments. Maldives' Ministry of Foreign Affairs stated that under the agreement, China would give Maldives a 1 million RMB grant for its agricultural sector. On March 9, 2015, an initiation ceremony was held for the China-funded Value Addition and Agriculture Research Project in the Maldives. The research under this project would promote the diversification of the agricultural industry, further increase the agricultural output value, and reduce external dependence.
Number of official sources
4
Number of total sources
4
Details
Cofinanced
No
Implementing agencies [Type]
Maldives Ministry of Fisheries and Agriculture [Government Agency]