Project ID: 66830

Chinese Government donates 2 luxury vehicles for Victory Day Parade

Commitment amount

$ 1785539.4140724072

Adjusted commitment amount

$ 1785539.41

Constant 2021 USD

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Belarus

Sector

Government and civil society (Code: 150)

Flow type

Grant

Infrastructure

No

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

2015-04-08

Actual start

2015-04-08

Actual complete

2015-04-08

Description

On April 8, 2015, the Chinese Government donated two FAW HongQi L5 (“Red Banner”) grand vehicles to the Government of Belarus ahead of its Minsk Victory Day Parade. The vehicles reportedly have an estimated value of RMB 5 million each and they were financed with a military grant from the Chinese Government.

Additional details

First released in 2013 at the Shanghai Auto Show, the L5 is renowned for currently being the most expensive Chinese-made car ever available for purchase. Each vehicle reportedly costs RMB 5 million ($800,000 or £580,000).

Number of official sources

0

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Belarus [Government Agency]