Project ID: 42368

China grants CNY 10 million to Albania for infrastructure and telecommunications development

Commitment amount

$ 1902496.7598843966

Adjusted commitment amount

$ 1902496.76

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Albania

Sector

Communications (Code: 220)

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

2011-01-01

Description

On April 22nd, 2009, Albanian Prime Minister Sali Berisha, and Chinese Premier Wen Jiabo discussed future trade, social, and economic development projects as well as a grant of CNY 10,000,000 Yuan to help finance them during the BOAO Economic Forum held in Hainan, China. Later on June 17th, 2011, Albanian Minister of Economy, Trade and Energy, Nasip Naco and Chinese Deputy Minister of Commerce, Zong Shan, signed an economic cooperation and technical agreement (ETCA) granting CNY 10,000,000 Yuan to Albania for unspecified development projects in infrastructure and telecommunications.

Additional details

The current status of the project is unknown.

Number of official sources

4

Number of total sources

6

Download the dataset

Details

Cofinanced

No

Implementing agencies [Type]

China Ministry of Commerce [Government Agency]

Government of Albania [Government Agency]