Project ID: 64398

Chinese Government provides RMB 200 million grant for Sino-Vietnamese Friendship Palace Construction Project (Linked to #85377)

Commitment amount

$ 439730.3153700329

Adjusted commitment amount

$ 439730.32

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Vietnam

Sector

Other social infrastructure and services (Code: 160)

Flow type

Grant

Infrastructure

Yes

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-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

2009-11-30

Actual start

2014-12-10

Planned complete

2017-10-31

Actual complete

2017-11-12

NOTE: Red circles denote delays between planned and actual dates

Geography

Description

On November 30, 2009, the Chinese Government and the Vietnam Ministry of Planning and Investment (MPI) signed letters of exchange committing RMB 200 million of grant funding for the Sino-Vietnamese Friendship Palace Construction Project. The grant proceeds were drawn from four different Economic and Technical Cooperation Agreements (ETCAs) that the two governments previously signed, including one that committed RMB 50 million on October 7, 2004. Then, on September 12, 2016, the Chinese Government and the Government of Vietnam signed a supplementary grant agreement for the Sino-Vietnamese Friendship Palace Construction Project worth RMB 129.5 million (see Project #85377). The purpose of the project was to construct a Sino-Vietnamese Friendship Palace in the capital city of Hanoi. The building occupies an area of about 3.3 hectares and it has a total construction area of about 14,000 m2 with 2 floors above the ground and 1 underground floor, including a hall of 1,500 seats, conference rooms, offices, and space for Chinese traditional medicine clinics. The Vietnam Union of Friendship Organisations (VUFO) and Yunnan Construction Investment Holding Group Co., Ltd. were jointly responsible for project implementation. A formal foundation stone laying ceremony took place on October 9, 2004. Then, a formal groundbreaking ceremony took place on October 8, 2013. However, construction did not begin until December 10, 2014. On July 14, 2017, an unspecified supplemental agreement was signed by VUFO and Yunnan Construction Investment Holding Group Co., Ltd.. The project sponsor — China’s Ministry of Commerce (MOFCOM) — conducted a final project inspection on October 18, 2017. The building was officially inaugurated on November 12, 2017 and a formal project handover ceremony took place on November 21, 2018. The originally scheduled project completion date was October 31, 2017.

Additional details

This project is also known as the Viet-Sino Friendship Palace Construction Project. The Vietnamese project title is dự án Cung văn hóa Hữu nghị Việt – Trung or Dự án Cung hữu nghị Việt Trung or Cung Hữu Nghị Việt Trung. The Chinese project title is 越中友谊宫项目 or 越南越中友谊宫项目 or 援越南越中友谊宫项目. The Vietnam Union of Friendship Organisations (VUFO) is the standing agency of the Committee for Foreign NGO Affairs (COMINGO). VUFO is a nation-wide socio-political organization whose main function is to establish and promote friendly and co-operative people-to-people relations between Vietnam and other countries.

Number of official sources

12

Number of total sources

18

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Vietnam Ministry of Planning and Investment [Government Agency]

Implementing agencies [Type]

Vietnamese Union of Friendship Organizations [NGO/CSO/Foundation]

Yunnan Construction and Investment Holding (YCIH) [State-owned Company]