Project ID: 999

China and Madagascar sign four deals worth $78 million [UMBRELLA for #60823, #19609, #1005]

Commitment amount

$ 121791937.9

Constant 2017 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Umbrella project

This project is classified as an "umbrella" project, and is connected to related projects.

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Madagascar

Sector

Other multisector (Code: 430)

Flow type

Vague TBD

Concessional

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment year

2007

Description

In July of 2007, four deals were signed for an approximate total of $78 million or about R557-million, following up on agreements made at the China-Africa summit in Beijing in November 2006. According to Misa Irodia, director of bilateral cooperation at the ministry of foreign affairs, the deals cover 'partial debt cancellation, an agreement on economic and technical cooperation, a preferential loan for the construction of a five-star hotel, and finally a deal for a donation of medicines.'

Additional details

Donation of medicines may be referring to the recurring donation of medical equipment, see project ID #19694.

Number of official sources

1

Number of unofficial sources

2

Download the dataset

Details

Cofinanced

No