CNPC AktobeMunaiGas provides $1 million USD for a special education fund to support Kazakhstani students
Commitment amount
$ 2566456.72879528
Adjusted commitment amount
$ 2566456.73
Constant 2021 USD
Summary
Funding agency [Type]
China National Petroleum Corporation (CNPC) [State-owned Company]
Recipient
Kazakhstan
Sector
Education (Code: 110)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
In 2000, CNPC AktobeMunaiGas (CNPC AMG), a Kazakhstan-based subsidiary of China National Petroleum Corporation, set aside $1 million USD for a special education fund to support young Kazakhstani experts, excellent students, and talented students from poor families. The funds were provided under a memorandum of economic cooperation between CNPC and the Akimat of Aktobe region. The education of 50 Kazakhstani students at China University of Petroleum - Beijing were covered under the funds from this fund, as were the education of another 11 students at Kazakhstani and Russian universities.
Additional details
Project status was coded as "Completion" because it is evident that the funds were totally disbursed to the fund. AidData has assumed that "set aside" meant donated/granted; the language implies that this money went towards a scholarship fund, meaning that it was not a scholarship itself. Therefore, the flow type was coded as "Grant." "Year uncertain" was checked because it is not confirmed that this donation was committed to in 2000.
Number of official sources
4
Number of total sources
6
Details
Cofinanced
No
Implementing agencies [Type]
China University of Petroleum - Beijing (CUPB) (中国石油大学 (北京)) [Miscellaneous Agency Type]
Akimat of Aktobe region [Government Agency]
CNPC AktobeMunaiGas JSC (CNPC AMG) [Joint Venture/Special Purpose Vehicle]