Project ID: 73832

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

Commitment amount

$ 11007237.737451443

Adjusted commitment amount

$ 11007237.74

Constant 2021 USD

Summary

Funding agency [Type]

China Ministry of Commerce [Government Agency]

Recipient

North Korea

Sector

Industry, mining, construction (Code: 320)

Flow type

Grant

Infrastructure

No

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2004-06-30

Description

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 Project ID#73833). However, precise project implementation start and end dates are unknown.

Additional details

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.

Number of official sources

5

Number of total sources

5

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Details

Cofinanced

No

Direct receiving agencies [Type]

Government of North Korea [Government Agency]

Implementing agencies [Type]

China National Complete Plant Import & Export Corporation Group (COMPLANT) [State-owned Company]