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Overview

Chinese Government donates equipment worth RMB 55 million for drilling of 15 deep water wells

Commitments (Constant USD, 2023)$9,154,754
Commitment Year2015Country of ActivityBoliviaDirect Recipient Country of IncorporationBoliviaSectorWater Supply And SanitationFlow TypeGrant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
May 5, 2015
Start (actual)
Dec 14, 2016
End (actual)
Dec 14, 2016

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

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Bolivia

Implementing agencies

Government Agencies

  • Government of Bolivia

Loan description

Chinese Government donates equipment worth RMB 55 million for drilling of 15 deep water wells

Narrative

Full Description

Project narrative

On May 5, 2015, the Chinese and Bolivian governments signed an agreement which granted 55 million RMB for 15 deep water wells. On December 14, 2016, the two governments signed the handover certificate for the donation (“Delivery of Machinery and Equipment for Drilling Deep Water Wells”). The wells are part of a greater Assistance Project for the Acquisition of Equipment and are intended to aid in the exploration and provision of water.