China grants 40 million RMB for construction of 47 housing units in H.Dh Nolhivaranfaru, Maldives (Linked to #54166)
Commitment amount
$ 8774456.765736308
Adjusted commitment amount
$ 8774456.77
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Maldives
Sector
Other social infrastructure and services (Code: 160)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
On October 24, 2008, the Government of Maldives and the Chinese Government signed an RMB 40 million grant agreement for the construction of 47 housing units in Hdh Attol. Nolhivaranfaru. The agreement was signed by Dr. Husain Niyaz, Executive Director at the Department of External Resources of Maldives, and Guo Rushaan, Managing Director at the China Shanghai Group Corporation, the contracting agency, according to the Maldives Department of Information. The housing units were part of post-2004 tsunami rebuilding efforts, according to the Study on Post-Tsunami Restoration and Conservation Projects in the Maldives. According to the Economic and Commercial Office of the Embassy of the People's Republic of China in the Democratic Socialist Republic of Sri Lanka, the groundbreaking ceremony was on June 7, 2009. According to the President's Office of the Republic of Maldives, the 47 units were expected to be completed in December 2010. The 47 houses were completed in April of 2009. Although the project's exact completion date is unknown, it was evidently completed since the Chinese Government funded a follow-up project for the construction of additional 100 houses in Nolhivaranfaru, which was captured in project #54166.
Additional details
The Maldives Government Budget Summary from 2013-2015 lists the grant disbursement amount as 175,504,781 Rufiyaa in 2011.
Number of official sources
7
Number of total sources
9
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of the Maldives [Government Agency]
Implementing agencies [Type]
Maldives Ministry of Housing and Environment [Government Agency]
China Shanghai (Group) Corporation for Foreign Economic and Technological Cooperation [State-owned Company]