Overview

Chinese Government provides RMB 600 million grant to Mongolia for Border Inspection Equipment Procurement Project

Commitments (Constant USD, 2023)$89,715,984

Commitment Year•2020Country of Activity•MongoliaDirect Recipient Country of Incorporation•MongoliaSector•Trade Policies And RegulationsFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jul 31, 2020

Geospatial footprint

Map overview

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The Ministry of Finance of Mongolia is located in Ulan Bator, Mongolia. More detailed locational information can be found at https://www.openstreetmap.org/way/892480902.

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

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Mongolia Ministry of Finance

Loan desecription

Chinese Government provides RMB 600 million grant to Mongolia for Border Inspection Equipment Procurement Project

Narrative

Full Description

Project narrative

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.

Staff comments

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.