Overview

China National Petroleum Corporation provides $1.35 million USD to set up a scholarship for Kazakhstani students to study in China

Commitments (Constant USD, 2023)$2,840,044

Commitment Year•2004Country of Activity•KazakhstanDirect Recipient Country of Incorporation•KazakhstanSector•EducationFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Sep 27, 2004

Start (actual): Sep 27, 2004

End (actual): Sep 27, 2004

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned companies

China National Petroleum Corporation (CNPC)

Receiving agencies

Government Agencies

Kazakhstani Ministry of Education and Science

Loan description

China National Petroleum Corporation provides $1.35 million USD to set up a scholarship for Kazakhstani students to study in China

Narrative

Full Description

Project narrative

On September 27, 2004, China National Petroleum Corporation (CNPC) signed an agreement with the Ministry of Education and Science of the Republic of Kazakhstan in which CNPC agreed to provide $1.35 million USD to the ministry for the creation of the "Presidential Scholarship." The scholarship was to finance higher level education in China for excellent Kazakhstani students. The scholarship fund was active as of September 2011.

Staff comments

1. "Project status" was coded as "Completion" because CNPC stated in 2008 that it had "provided" the $1.35 million USD, implying that all Chinese funds had been disbursed (see pg.4 of "CNPC in Kazakhstan Sustainability Report 2008").