Project ID: 63788

Chinese Government grants Cook Islands NZ $1.5 million for Agricultural and Mechanical Equipment Project

Commitment amount

$ 1387211.314588019

Adjusted commitment amount

$ 1387211.31

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Cook Islands

Sector

Agriculture, forestry, fishing (Code: 310)

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2013-01-01

Actual start

2015-10-22

Actual complete

2015-10-22

Description

In 2013, China granted the Cook Islands NZ $1.5 million for the Agricultural and Mechanical Equipment Project. The project is part of the Cook Islands Government initiative to "revitalize agricultural production......in an effort to reduce importation of products and increase self-reliance and increase economic empowerment, especially in the Outer Islands". Foton Lovol International Heavy Industry Corporation won the contract to supply 60 agricultural and construction machinery to the Cook Islands. According to "Cooks Receive $1.5M Chinese Ag Machinery Gift," letters of exchange and a handover ceremony for the equipment was held on October 22, 2015, and "All machines apart from one, which will be used by the Ministry of Agriculture, will go to the Pa Enua (Outer Islands)."

Number of official sources

3

Number of total sources

5

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Cook Islands [Government Agency]

Implementing agencies [Type]

Shandong Foton Heavy Industries [Private Sector]