China grants $50,000 USD to furnish official residences in Micronesia (Linked to #40014)
Commitment amount
$ 89963.219144205
Adjusted commitment amount
$ 89963.22
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
Project lifecycle
Description
According to the Lowy Institute, in 2007, the Chinese government spent $50,000 USD to furnish the four official residences of the President, Vice President, Speaker, and Chief Justice in the Federated States of Micronesia. When these funds were formally committed is unknown, but AidData assumes it is the same year the grant was spent. On 20 December 2007, Lianyungang Guangming Furniture Co. exported 62 sets or 324 pieces of wooden furniture worth 624,000 RMB to Micronesia for this project. The Chinese government previously financed the construction of the four residences (#40014).
Number of official sources
0
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
Trust Fund of the Federal States of Micronesia [Government Agency]
Implementing agencies [Type]
Lianyungang Guangming Furniture Co. Ltd. [Private Sector]