Project ID: 70440

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

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Costa Rica

Sector

Other social infrastructure and services (Code: 160)

Flow type

Grant

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-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

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2015-12-11

Geography

Description

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 project ID #54673.

Number of official sources

6

Number of total sources

8

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Costa Rica [Government Agency]

Implementing agencies [Type]

Municipal Government of Cartago [Government Agency]

Ministry of Housing and HUman Settlements of Costa Rica [Government Agency]