Project ID: 40040

China grants 4 million RMB for construction of Micronesia's embassy compound in Beijing

Commitment amount

$ 946207.3374731007

Adjusted commitment amount

$ 946207.34

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Micronesia

Sector

Government and civil society (Code: 150)

Flow type

Grant

Infrastructure

No

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

2007-01-01

Description

On January 28, 2008, the Congress of the Federated States of Micronesia passed a resolution ratifying a Chinese government grant worth 4 million RMB (roughly $500,000 in 2008 USD) that will be disbursed over three years. Although this grant was ratified in early January 2008, the agreement itself was most likely signed Chinese and Micronesian officials in 2007, but AidData could find any evidence of this. The purpose of this grant is to finance construction of a the FSM embassy compound in Beijing, China. The compound exists today, so funds are assumed to be fully disbursed.

Number of official sources

3

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

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