Overview

People's Republic of China Invest 900,000 RMB into Costa Rican Institute of Sport and Recreation (Linked to Record ID#54674 and #54673)

Commitments (Constant USD, 2023)$149,805

Commitment Year•2015Country of Activity•Costa RicaDirect Recipient Country of Incorporation•Costa RicaSector•Disaster Prevention And PreparednessFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Dec 11, 2015

Start (actual): May 16, 2017

Geospatial footprint

Map overview

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The purpose of this project was to support the renovation of a National Stadium in La Sabana Metropolitan Park within the city of San José. More detailed locational information can be found at https://www.openstreetmap.org/relation/9130067#map=18/9.93677/-84.10770 and https://www.google.com/maps/place/Costa+Rica's+National+Stadium/@9.9360419,-84.1051383,16z/data=!4m12!1m6!3m5!1s0x8fa0fcaba6edf033:0xf77fea35eae244c8!2sParque+Metropolitano+La+Sabana!8m2!3d9.9360366!4d-84.1007609!3m4!1s0x8fa0fca9759d5ae9:0xe665ea444f4e47a2!8m2!3d9.9367863!4d-84.1077403

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

Costa Rican Institute of Sport and Recreation

Loan description

People's Republic of China Invest 900,000 RMB into Costa Rican Institute of Sport and Recreation (Linked to Record ID#54674 and #54673)

Narrative

Full Description

Project narrative

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 Record ID#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

Staff comments

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.