China grants an additional 5 million ZAR in Grants for Development Projects in Lesotho, linked to #913
Commitment amount
$ 1459315.9325173476
Adjusted commitment amount
$ 1459315.93
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Lesotho
Sector
Transport and storage (Code: 210)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Description
In December 2001, a signing ceremony was held for an economic and technical cooperation agreement between Lesotho and China. According to the agreement, China would increase their development aid and interest-free loans from 10,000,000 to 15,000,000 ZAR, with most of the increase going to fund highways in eastern Lesotho to KwaZulu-Natal in South Africa. An updated status on this project cannot be found. See Project #913 for the previous write-off.
Number of official sources
0
Number of total sources
1
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Lesotho [Government Agency]