Overview

Lancang-Mekong Cooperation Special Fund provides loan for five agricultural projects in Myanmar (Linked to Record ID #s #68542, #88352)

Commitment Year•2018Country of Activity•MyanmarDirect Recipient Country of Incorporation•China (People's Republic of)Sector•Agriculture, Forestry, FishingFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 5, 2018

Start (actual): Dec 19, 2018

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% Chinese ownership

Funding agencies

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Myanmar (Burma)

State-owned Funds

Lancang-Mekong Cooperation (LMC) Special Fund

Loan desecription

Lancang-Mekong Cooperation Special Fund provides loan for five agricultural projects in Myanmar

Interest type•Unknown

Narrative

Full Description

Project narrative

On January 5, 2018, the Chinese Government and Government of Myanmar signed a project agreement for five agricultural projects (see Record ID#68542). These projects made up the first batch of agricultural projects that were financed by a loan of an unknown value from the Lancang-Mekong Cooperation Special Fund. The borrowing terms are unknown. These five agricultural projects involved rice cultivation and optimized planting, coffee production and quality improvement, rural development and vegetable cultivation technology transfer, safe and high-quality planting technology for fruits and vegetables, and promotion of home gardening technology. The projects were officially launched on December 19, 2018 and were still in progress as of July 31, 2019. The second batch of twelve agricultural projects is captured in Record ID#63882.