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Lancang-Mekong Cooperation Special Fund provides USD 4 million to Thailand for 18 projects in 2022
| Funder | Unspecified Chinese Government Institution |
|---|---|
| Recipient Organization | Lancang-Mekong Cooperation (LMC) Special Fund |
| Country | Thailand |
| Start Date | Jan 01, 2022 |
| End Date | Jul 10, 2029 |
| Duration | 2,747 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 108589 |
Grant Description
In 2022, the Government of Thailand received USD 4.016 million from the Lancang-Mekong Cooperation Special Fund for 18 projects: - 8 projects by the Ministry of Higher Education, Science, Research and Innovation; - 2 projects by the Ministry of Public Health worth USD 283,900 (captured by Record ID# 99777 and 99707); - 2 projects by the Ministry of Industry; - 2 projects by the Ministry of Natural Resources and Environment; - 1 project by the Ministry of Interior; - 1 project by the Ministry of Education; and - 2 projects by the Office of the National Water Resources
Staff Comments
1. The Lancang-Mekong Cooperation (LMC) mechanism was originally established at the 17th China-ASEAN Summit on November 13, 2014. Then, on March 23, 2016, the Chinese Government announced the establishment of the Lancang-Mekong Cooperation Special Fund which would provide USD 300 million in concessional loans over 5-years (2016-2021) for small- and medium-sized cooperation projects in Cambodia, Laos, Myanmar, Thailand, and Vietnam. Since 2021, each country has signed individual MoU's with the Chinese government to continue financing for projects under the Lancang-Mekong Cooperation Special Fund. It is unclear if the new MoU's are financed through concessional loans as well. Most projects funded through the Lancang-Mekong Cooperation Special Fund (LMCSF) do not contain repayment terms or appear on government agency or company financial statements as borrowings, thus AidData has decided to code post-2021 LMCSF projects as grants.
Sources & References
- Launching ceremony of Thailand's projects under the Mekong-Lancang Special Fund approved in 2022 during the 2023 Mekong-Lancang Cooperation Week
- Launching Ceremony of Thailand’s Projects Funded by the Mekong - Lancang Cooperation Special Fund (MLCSF) during the MLC Week 2023 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
Lancang-Mekong Cooperation (LMC) Special Fund
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