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Overview

Chinese Government donates spare parts for O&M to North Korea

Commitments (Constant USD, 2023)$10,166,753
Commitment Year•2004Country of Activity•Democratic People's Republic of KoreaDirect Recipient Country of Incorporation•Democratic People's Republic of KoreaSector•Industry, Mining, ConstructionFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jun 30, 2004

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 North Korea

Implementing agencies

State-owned companies

  • China National Complete Plant Import & Export Corporation Group (COMPLANT)

Loan desecription

Chinese Government donates spare parts for O&M to North Korea

Narrative

Full Description

Project narrative

On June 30, 2004, the Chinese Government and the North Korean Government signed an exchange of letters, which committed a RMB 40 million for the provision of spare parts to support the operations and maintenance (O&M) of an unspecified set of facilities in 2005. China National Complete Plant Import & Export Corp. Ltd. (COMPLANT or 中成进出口股份有限公司) was the contractor responsible for implementation. China’s Ministry of Commerce (MOFCOM) issued an RMB 40 million contract to COMPLANT and the borrower was expected to use the proceeds to finance this contract. AidData assumes that this project was completed in 2005 since a follow-on project was approved in 2006 (as captured via Record ID#73833). However, precise project implementation start and end dates are unknown.

Staff comments

1.The Chinese project title is 年度向朝鲜提供零配件项目. 2.This is an O&M project supported via recurring grants from MOFCOM between 2001 and 2008. However, AidData was not able to identify any further evidence of financial support from MOFCOM after 2008. As such, no additional MOFCOM grants are recorded after 2008. 3.The spare parts that were purchased likely supported one or more of the following facilities: Pyongyang Metro, 1600MW Pukchang Coal-Fired Power Plant, Xingnan Fertilizer Plant, and the Ponghwa Chemical Factory (since the other O&M grants issued by MOFCOM between 2001 and 2008 supported these facilities). This issue requires further investigation.