Project ID: 40001

China uses December 2009 ETCA to finance Channel Bridge survey project in Micronesia (Linked to #40002)

Commitment amount

$ 98939.32095825738

Adjusted commitment amount

$ 98939.32

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Micronesia

Sector

Transport and storage (Code: 210)

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2009-12-31

Actual start

2011-10-14

Geography

Description

On December 31, 2009, the Chinese Ambassador and Micronesian Secretary of Foreign Affairs signed an economic and technical cooperation agreement (ETCA) granting 450,000 RMB to the Government of Micronesia. According to Congressional Resolution No. 17-71, on 14 October 2011, both parties agreed to use these funds to finance the cost of a survey project for constructing Channel Bridge (or Okat Bridge or Kosrae Bridge or 科斯雷州大桥) in Okat, Kosrae. According to a Chinese Foreign Ministry press release, this project was completed. The Chinese-financed Channel Bridge was eventually built between 2014 and 2016 (#40002).

Number of official sources

8

Number of total sources

9

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Trust Fund of the Federal States of Micronesia [Government Agency]