China signs Economic and Technical Cooperation Agreement granting $25 Million USD to Liberia's Reconstruction Program

$25M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Liberia
Country	Liberia
Start Date	Jan 01, 2006
End Date	Feb 22, 2032
Duration	9,548 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`1602`

Grant Description

On January 16, 2006, China's Foreign Minister Li Zhaoxing and Liberia's Vice-President Joseph Boakai signed two economic and technical cooperation agreements. One of these ETCAs granted $25 million USD to Liberia's reconstruction program. The second ETCA for an interest-free loan is captured in Record ID#1603.

📋 Staff Comments

This project is coded as umbrella since it probably financed multiple reconstruction sub-projects

📚 Sources & References

China gives Liberia 25m-dollar loan for reconstruction
Chinese Government and Liberian Government Sign Economic and Technical Cooperation Agreement, http://business.highbeam.com/3548/article-1G1-141099131/chinese-govt-provides-us-25m-assistance, http://www.irinnews.org/printreport.aspx?reportid=57869 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.