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Overview

China Funds Costa Rica's Los Diques Metropolitan Park Rennovation Through ETCA

Commitment Year•2015Country of Activity•Costa RicaDirect Recipient Country of Incorporation•Costa RicaSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Dec 11, 2015

Geospatial footprint

Map overview

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This project involved the renovation of Los Diques Metropolitan Park (Parque Metropolitano Los Diques) within La Reserva Nacional Río Reventado in Cartago, Costa Rica.

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 Costa Rica

Implementing agencies

Government Agencies

  • Ministry of Housing and HUman Settlements of Costa Rica
  • Municipal Government of Cartago

Loan desecription

China Funds Costa Rica's Los Diques Metropolitan Park Rennovation Through ETCA

Narrative

Full Description

Project narrative

During the meeting between Chinese President Xi Jinping and Costa Rica President Luis Guillermo Solis on January 6th, 2015, China agreed to provide Costa Rica a grant through an economic and technical cooperation agreement. The grant will be for National Development Plan projects. On December 11, 2015, the Economic and Technical Cooperation Agreement was signed between the People's Republic of China and the Government of Costa Rica to grant 150 million Chinese Yuan (RMB) to the Costa Rica for national development purposes. Prior to the signing of the ETCA, the two governments agreed that the funding would be allocated to 4 separate projects which was achieved through Technical Mission for Evaluation and Comprehensive Research conducted by the People's Republic of China on October 10, 2015. Of these 4 projects, one of them is the renovation of Los Diques Metropolitan Park (Parque Metropolitano Los Diques) in Cartago, Costa Rica. The amount of allocation to this project is unknown. This project is led by the Ministry of Housing and Human Settlements and the Municipal Government of Cartago. The purpose of this project is to increase green areas, trails, trees, biodiversity, lighting, children's play areas, sports fields and surveillance areas, among other works. As of 2019, this project was under construction. This project is linked Record ID#54673.