Overview

China grants USD 1.2 million to FSM to support the operation of the Y12 aircraft in 2017 (linked to Record ID#64187)

Commitments (Constant USD, 2023)$1,276,952

Commitment Year•2017Country of Activity•MicronesiaDirect Recipient Country of Incorporation•MicronesiaSector•Transport And StorageFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Dec 13, 2017

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

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Micronesia, Federated States of

Loan description

China grants USD 1.2 million to FSM to support the operation of the Y12 aircraft in 2017 (linked to Record ID#64187)

Narrative

Full Description

Project narrative

Based on the release from Congress of Micronesia, on December 13, 2017, a resolution was adopted by the 20th Congress of FSM to approve and accept a Chinese grant of $1.2 million to support the operation of the Y12 aircraft for 1 year. In the end of 2017 a Y12 aircraft was delivered to Micronesia (see Record ID#64187), which could be related to this project.