Chinese Government provides RMB 600 million grant to Mongolia for Border Inspection Equipment Procurement Project
Commitment amount
$ 97116261.07716513
Adjusted commitment amount
$ 97116261.08
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Mongolia
Sector
Trade policies and regulations (Code: 330)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Geography
Description
On July 31, 2020, the Chinese Government and the Mongolia Ministry of Finance signed letters of exchange, which officially committed RMB 600 million of grant funding for the Border Inspection Equipment Procurement Project. The purpose of the project is to install customs (border) inspection equipment at Mongolia’s major ports and prevent smuggling. The grant will be used to purchase the necessary equipment.
Additional details
1. This project is called “蒙古国边境口岸海关检测设备” in Chinese and "МОНГОЛ УЛСЫН БООМТЫН ГААЛИЙН ХЯНАЛТ ШАЛГАЛТЫН ТОНОГ ТӨХӨӨРӨМЖ" in Mongolian.
Number of official sources
3
Number of total sources
6
Details
Cofinanced
No
Direct receiving agencies [Type]
Mongolia Ministry of Finance [Government Agency]