Project ID: 64141

China grants 3.85 million RMB to Micronesia for 15 vehicles (Linked to ETCA #65035)

Commitment amount

$ 687432.6744178769

Adjusted commitment amount

$ 687432.67

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Micronesia

Sector

Transport and storage (Code: 210)

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

2015-09-18

Description

On September 18, 2015, the Chinese Ambassador and Micronesian Secretary of Foreign Affairs signed an economic and technical cooperation agreement (ETCA #65035) worth $10.25 million USD. According to the Lowy Institute, part of this ETCA was spent on 15 vehicles. The total value of this donation is 3.85 million RMB or $605,444.48 USD. This grant agreement was formally accepted by the Government of Micronesia on November, 20, 2015. According to a document from the Federated States of Micronesia's (FSM) 19th Congress, 14 vehicles were set for delivery in Pohnpei and one car would go to Beijing for FSM Embassy officials' use. The grant also allowed China to pay shipping expenses, including freight and insurance, while FSM was responsible for customs, transport, and delivery expenses en route to Pohnpei. AidData did not find any evidence on whether the vehicles were actually delivered.

Number of official sources

1

Number of total sources

2

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Micronesia, Federated States of [Government Agency]