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Overview

Chinese Government donates 52.2 million RMB non-intrusive goods inspection system to Government of Ecuador through ETCAs (Linked to Record ID#35814, #88148, #88179, and #64954)

Commitments (Constant USD, 2023)$8,688,694
Commitment Year2015Country of ActivityEcuadorDirect Recipient Country of IncorporationEcuadorSectorTrade Policies And RegulationsFlow TypeGrant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Dec 16, 2015

Geospatial footprint

Map overview

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This project involved the installation of container inspection equipment in the Guayaquil Port Authority. More detailed locational information can be found at https://www.openstreetmap.org/way/728836792 and https://www.eluniverso.com/2006/01/14/0001/8/561F9C3D98B74FA48600222ED1FADA45.html/

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 Ecuador

Implementing agencies

Government Agencies

  • Government of Ecuador

Loan description

Chinese Government donates 52.2 million RMB non-intrusive goods inspection system to Government of Ecuador through ETCAs (Linked to Record ID#35814, #88148, #88179, and #64954)

Narrative

Full Description

Project narrative

On 16 December 2015, the Chinese Government signed an exchange of letters with the Government of Ecuador for the provision of a non-intrusive goods inspection system worth 52.2 million RMB. The Mapa de Cooperación lists the executing agency as the Chinese Embassy. This equipment will be used by the National Customs Service of Ecuador (SENAE) at Guayaquil Port. The 52.2 million RMB will be provided from ETCAs signed on 2 June 2006, 20 November 2007, 21 December 2011, and 28 September 2012 (see #35814, #88148, #88179, and #64954 respectively). The funds will be transferred from an account set up between China Development Bank and the Central Bank of Ecuador. The exact breakdown of funds between the ETCAs is unknown. However, because some of the ETCAs that funded other projects, it is known that a maximum of 9.3 million RMB was provided by the June 2006 agreement, a maximum of 6.55 million RMB was provided by the November 2007 agreement, a minimum of 6.35 million RMB was provided by the December 2011 agreement, and a minimum of 6.35 million RMB was provided by the September 2012 agreement. See comments for calculations.

Staff comments

June 2006 ETCA: 10 million RMB - 700,000 RMB for Record ID#69469 = 9.3 million RMB available for this project November 2009: 20 million RMB - 1.45 million RMB for #69459 = 18.55 million RMB; also funded #59286, worth 42 million RMB - maximum of 30 million RMB available from other ETCAs = 12 million RMB at least for #59286. 18.55 million RMB - 12 million RMB = 6.55 million RMB For both December 2011 and September 2012, which were worth 30 million each: 52.2 million RMB - (30 million RMB + 6.55 million RMB + 9.3 million RMB) = 6.35 million RMB at least.