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Overview

Chinese Government provides RMB 10 million grant — via ETCA — for Y12 Aircraft Project (Linked to Record ID#73901, #64187)

Commitments (Constant USD, 2023)$1,758,043
Commitment Year2011Country of ActivityMicronesiaDirect Recipient Country of IncorporationMicronesiaSectorTransport And StorageFlow TypeGrant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2011
Start (actual)
Dec 8, 2017
End (actual)
Dec 12, 2017

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 Micronesia, Federated States of

Implementing agencies

State-owned companies

  • AVIC International Holding Corporation
  • Harbin Aircraft Industry Group (Avic HAIG)

Loan desecription

Chinese Government provides RMB 10 million grant — via ETCA — for Y12 Aircraft Project (Linked to Record ID#73901, #64187)

Narrative

Full Description

Project narrative

On April 4, 2013, Harbin Hafei Industry Co., Ltd signed a purchasing contract with AVIC International Holding Corporation (AVIC INTL) to purchase a Y12E aircraft. The aircraft is going to be used in Micronesia under the purpose of transportation, rescue, medical and other operational services. On April 28 and June 2, 2014, the Chinese government and the Government of Micronesia exchanged Diplomatic Notes regarding this agreement. On November 25, 2014, a resolution was introduced in the 18th Congress of FSM's 5th special session to approve the allocation of 60.3 million RMB of Chinese government grant funds in order to implement of the Foreign-aid Supply Contract for the Y12 Aircraft Program. China agreed: (1) to provide FSM with one Y12 aircraft and its spare parts, and (2) to be to be responsible for the construction of the Y12 aircraft and its shipment to a designated port in the FSM, and (3) to provide training to FSM personnel and the relevant technical services. This project derived 60.3 million RMB from three economic and technical cooperation agreements (ETCA) for this project: (1) July 9, 2009 ETCA (#73901) worth 20 million RMB (2) February 23, 2011 ETCA worth 10 million RMB, and (3) November 7, 2013 ETCA (#64187) worth 60 million RMB. The financial breakdown is unknown. The FSM Congress approved of this 60.3 million RMB grant allocation on November 2, 2016. On December 8, 2017, the Y12E arrived at Micronesia. On December 12, the handover certificate was signed. A handover ceremony took place on January 5, 2018. On January 6th, the Y-12 was sent to the outer island Woleai to transfer a young patient to the main island for medical treatment. The grant is also captured by the database published by Lowy Institute.