Project ID: 39236

CITIC to create 50 “CITIC Hope Primary Schools” in rural Myanmar (linked to #38442 and #39237)

Summary

Funding agency [Type]

CITIC Group Corporation [State-owned Company]

Recipient

Myanmar

Sector

Education (Code: 110)

Flow type

Grant

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2014-07-07

Planned complete

2014-07-04

Description

On 4 July 2014 Group Assistant President and Chair of CITIC Hong Bo and Mr. Ohn Myint, Minister of Livestock, Fisheries and Rural Development in the capital of Myanmar, met in Nay Pi Daw to sign “The MOU of Myanmar Rural Area Development Program Donated by CITIC Group and CP Group” and to launch the “Village Fund Project”. The three promoters of the projects are CITIC, Myanmar and CP Group of Thailand. With regard to the project, CITIC committed to donate 50 “CITIC Hope Primary Schools” and provide training for the teachers in order to improve basic education in Myanmar’s rural area. CITIC is involved in rural development in Myanmar also through additional projects, such as concession of loans (#38442) and construction of clinics (#39237)

Number of official sources

3

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Implementing agencies [Type]

Government of Myanmar (Burma) [Government Agency]