Project ID: 64285

Embassy of China in Myanmar renovates the Thapyaygone Market in Nay Pyi Taw

Commitment amount

$ 847084.0449980593

Adjusted commitment amount

$ 847084.04

Constant 2021 USD

Summary

Funding agency [Type]

Chinese Embassy [Government Agency]

Recipient

Myanmar

Sector

Other social infrastructure and services (Code: 160)

Flow type

Grant

Infrastructure

Yes

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

2017-01-01

Actual complete

2017-05-27

Geography

Description

Based on the news release from the Embassy of China in Myanmar, on May 27, 2017, the opening ceremony of the Thapyaygone Market in Naypyidaw took place. The Embassy funded the renovation, and the Art Wave Group is the contractor. The project is referred to as 内比都德比宫农贸市场 in Chinese. According to Xinhua Net, the project costs the Embassy about Kyat 1 billion. The transformed Thapyaygone Market occupies an area of 12,000 square meters, of which the newly built area is more than 8,000 square meters. There are 480 stalls now, benefiting more than 300,000 residents around the market.

Number of official sources

1

Number of total sources

3

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Details

Cofinanced

No

Implementing agencies [Type]

Art Wave Group Co., Ltd (Myanmar) [Private Sector]