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Overview

Chinese government grants NZ$ 11,000,000 for Outer Islands Heavy Machinery project stages 1 and 2

Commitments (Constant USD, 2023)$9,324,582
Commitment Year•2013Country of Activity•Cook IslandsDirect Recipient Country of Incorporation•Cook IslandsSector•Industry, Mining, ConstructionFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2013
Start (actual)
Jan 28, 2015
End (actual)
Jan 28, 2015

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

Receiving agencies

Government Agencies

  • Government of Cook Islands

Implementing agencies

Government Agencies

  • Government of Cook Islands

State-owned companies

  • China Civil Engineering Construction Corporation (CCECC)

Loan description

Chinese government grants NZ$ 11,000,000 for Outer Islands Heavy Machinery project stages 1 and 2

Narrative

Full Description

Project narrative

On June 6, 2014, Wang Lutong, Ambassador to the Cook Islands in New Zealand, signed a letter of exchange for Chinese assistance for the Cook Islands Outer Island Heavy Machinery Equipment Project on behalf of their respective governments in Wellington. On October 10th, 2014, Richard Neves, the Secretary of Finance for Cook Islands, and Zhao Zhonging, the Vice President of the China Civil Engineering Construction Corporation (CCECC), met in Rarotonga to sign a deal to give Cook Islands' outer islands heavy machinery. The arrangement was financed by a grant from the Chinese government, and the machinery was sourced from the Peoples Republic of China. The Chinese Government's grant for providing Outer Islands Heavy Machinery for Stage 1 and Stage 2 is worth NZ $11 million. In January 2015, the Cook Islands received the new heavy machinery, including excavators, rollers, graders and loaders, for the Pa Enua (the Outer Islands). According to "China Gives Cooks More Than $7 Million In Machinery, Equipment," the machinery was handed over to the Cook Islands on January 28th, 2015, training will be provided for the operators, and the machinery will be sent to the Outer Islands in March.