China grants RMB 8.48 million for Phase II of the People's Palace Maintenance Project (Linked to #59137)
Commitment amount
$ 2495780.4637756962
Adjusted commitment amount
$ 2495780.46
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Djibouti
Sector
Government and civil society (Code: 150)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
In 2003, the Chinese government agreed to grant RMB 8.48 million (or DJF 180,838,544) for phase II of a maintenance project on the People's Palace of Djibouti (or Palais du Peuple or 吉布提人民宫二期维修工程). According to a document from the Djibouti Ministry of Finance, disbursements began in June 2003 and, as of 2005, 94% of the grant funds had been drawn down equal to RMB 7,952,995. Construction began on 2 July 2003. The completion date and implementing contractor are unknown. The People's Palace was originally constructed in the mid-1980s with funding from the Chinese government. In 2012, China granted an additional 54 million DJF for rehabilitating the Palace (project #59137).
Additional details
Since commitment year is unknown, it is coded as 2003 in correspondence with the first date of disbursements.
Number of official sources
4
Number of total sources
6
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Djibouti [Government Agency]