China grants USD 800,000 to FSM to subsidize the newly launched airlines between the FSM and Papua New Guinea in 2017 (linked to #64182)
Commitment amount
$ 921870.525616779
Adjusted commitment amount
$ 921870.53
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Micronesia
Sector
Transport and storage (Code: 210)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
Based on the news release from the Embassy of China in Micronesia, on October 18, 2017, a handover ceremony was held for the Pohnpei-Port Moresby Air Route Subsidy for Air Niugini. Ambassador Li Jie and FSM Deputy Secretary of the DFA Samson Pretrick signed the donation hand over certificate (worth $800,000 USD). On October 31, 2017, a resolution to approve and accept a Chinese grant of $800,000 used to subsidize the newly launched airline between the FSM and Papua New Guinea was submitted to the 20th Congress of FSM. The resolution got approved on December 13, 2017. It is linked to project #64182, an initial $800,000 for this project given in 2016.
Number of official sources
4
Number of total sources
5
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Micronesia, Federated States of [Government Agency]