Overview

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

Commitments (Constant USD, 2023)$1,758,043

Commitment Year•2011Country of Activity•AlbaniaSector•CommunicationsFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2011

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

China Ministry of Commerce

Implementing agencies

Government Agencies

China Ministry of Commerce
Government of Albania

Loan description

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

Narrative

Full Description

Project narrative

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.

Staff comments

The current status of the project is unknown.