People's Republic of China Invest 900,000 RMB into Costa Rican Institute of Sport and Recreation (Linked to #54674 and #54673)
Commitment amount
$ 160698.54726651663
Adjusted commitment amount
$ 160698.55
Constant 2021 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Costa Rica
Sector
Disaster prevention and preparedness (Code: 740)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
On May 15, 2017, a delegation from the People's Republic of China arrived at the Costa Rican Institute of Sport and Recreation, ICODER, to conduct a feasibility report for the renovation of the upgrade of the National Stadium's fire and security system. The feasibility study cost was 900,000 RMB, and was funded through a grant (considered "non-reimbursable technical cooperation") from an Economic and Technical Cooperation Agreement (ETCA) signed on December 11, 2015 (see project #54673). In the first stage, engineers and other professions were to inspect the facility to gauge the feasibility of a new fire fighting system on May 16, 2017/ This project was marked as Completion because the renovation of the fire fighting system is underway
Additional details
This facility is non-reimbursable technical cooperation which means that this is a grant NOT investment. CRS sector was changed from multisector to disaster prevention because this project will help prevent fires.
Number of official sources
1
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
Costa Rican Institute of Sport and Recreation [Government Agency]