Project ID: 61580

China Provides $450,000 for Chuuk Utility Corporation (linked to #61558)

Commitment amount

$ 976605.0073263672

Adjusted commitment amount

$ 976605.01

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Micronesia

Sector

Energy (Code: 230)

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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2005-11-18

Description

Based on the release from the Congress of Micronesia, on November 28, 2005, Micronesian officials signed an agreement with Chinese officials in Palikir for a grant of $2.5 million USD (linked to project #61558). USD 450,000 of the grant was provided to Chuuk Public Utility Corporation (CPUC) for the OMMU purpose. According to the Energy Jobs Network and Law Chapter, the CPUC was established in 1996 and is a state-owned company. It is linked to umbrella project #61558, $2.5 million USD for government expenses in Micronesia.

Number of official sources

1

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Chuuk Public Utility Corporation [State-owned Company]