Project ID: 71791

Chinese Government provides RMB 1 billion grant -- via ETCA -- for Kodari Highway Upgrading and Rasuwa Bridge Construction Project

Commitment amount

$ 170528641.02533296

Adjusted commitment amount

$ 170528641.03

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

Nepal

Sector

Transport and storage (Code: 210)

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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2017-08-16

Geography

Description

On August 16, 2017, the Vice Premier of the State Council of the PRC Wang Yang, who represents the Chinese Government and the Government of Nepal signed an Economic and Technical Cooperation Agreement (ETCA), which committed RMB 1 billion RMB of grant funding for the reconstruction of Kodari Highway and construction of a bridge in Rasuwa. This project also involves the establishment of hydropower projects and transmission lines for connectivity.

Number of official sources

4

Number of total sources

7

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Nepal [Government Agency]

Implementing agencies [Type]

Government of Nepal [Government Agency]