Loading grant details…
Ramu NiCo provides medicine for infectious diseases in Papua New Guinea
| Funder | MCC-JJJ Mining Development Company Limited |
|---|---|
| Recipient Organization | Government of Papua New Guinea |
| Country | Papua New Guinea |
| Start Date | Jan 01, 2004 |
| End Date | Nov 25, 2030 |
| Duration | 9,825 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 104703 |
Grant Description
In 2004, China Metallurgical Group Co.
Ltd. signed a development framework agreement with the Papua New Guinea government and foreign partner companies, Highlands Pacific Company Co Ltd and PNG stakeholders Mineral Resources Development Company (MRDC), for the development of the Ramu Nickel-Cobalt Project.
In 2005, China Metallurgical Group and its partners signed a 'Master Agreement' and an 'Association Agreement' to establish a framework for financing the Ramu Nickel-Cobalt Project.
In 2013, MCC Ramu NiCo signed a Memorandum of Agreement (MoA) with the Papua New Guinean Government to continue operating legally in the country.
The MoA also obligates the company to provide resources for various social infrastructure projects worth 3 million Kinas in Usino-Bundi and Raicaost areas, the poorest regions in the country: (1) KBK and Inland Landowner Association office in Usino Bundi; (2) Basamuk and ILEG Association Office in Raicoast, (3)Enekwai Police Station in Usino Bundi; (4) Enekwai Health Clinic in Usino Bundi; (5) Ganglau Elementary School in Raincoast; (6) Water and electricity supply to Basamuk in Raicoast; (7) ILEG Health Clinic; (8) Water and electricity supply to Danagari; (9) Usino Elementary School; (10) Water and Electricity Supply to Enekwai; (11) Naru elementary school in Madang.
In addition, Ramu NiCo provides medicine for infectious diseases in Papua New Guinea.
Sources & References
- 巴布亚新几内亚 - MOFCOM
- Ramu Social infrastructure programs
- Ruimu Ni-Co is ready to fulfil its obligations under the new memorandum of agreement
- 中国冶金科工集团有限公司：同一个瑞木 同一个社区
- Ramu responds to expired MOA
- Ramu Nickel CIRCUS continues at “MOA Signing”
- 社区和股东关系 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Government of Papua New Guinea
Interested in applying for this grant?
Complete our application form to express your interest and we'll guide you through the process.
Apply for This GrantQuick Summary
Related Grants
