Chinese government provides AUD 0.7 million for Kiritimati Copra Mill project
Commitment amount
$ 526315.7894736842
Adjusted commitment amount
$ 526315.79
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Kiribati
Sector
Agriculture, forestry, fishing (Code: 310)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
In the government of Kiribati's 2022 Development Budget, presented on November 30th, 2021 it was stated that China will provide AUD 0.7 million for the Kiritimati Copra mill project. Copra is dried white coconut meat from which coconut oil can be extracted. Copra is milled to extract coconut oil, which is one of Kiribati's largest exports. Building a copra mill on Kiritimati was identified as a goal in the Asian Development Bank's 2008-2011 Kiribati Development Plan. Kiritimati, also known as Christmas Island, is part of the Line Islands chain and the second most populous island in Kiribati after Tarawa.
Number of official sources
3
Number of total sources
3
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Kiribati [Government Agency]