Project ID: 56255

China signed an agreement to provide two grants with a total value of 1.7 million RMB to the Government of Guyana for the Bamboo Craft Project

Commitment amount

$ 500333.3476908824

Adjusted commitment amount

$ 500333.35

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Guyana

Sector

Industry, mining, construction (Code: 320)

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

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2003-06-13

Description

On 13 June 2003, the Minister of Foreign Trade and International Cooperation of the government of Guyana and the Chinese Ambassador signed an Exchange of Notes for the Bamboo Craft Project. The project is funded by two grants, one from 29 February 1996 and the other from 29 June 2001, covering the 1.7 million Yuan cost. According to the 2003 Moftic Digest, the Exchange of Notes facilitates a one year mission of three Chinese bamboo craft technicians to Guyana and the provision of material for this project. According to the Chinese embassy, these technicians teach bamboo weaving to Guyanans.

Additional details

mark commitment year as 2003 because the exchange of notes was signed in that year

Number of official sources

3

Number of total sources

3

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Details

Cofinanced

No