China signs Economic and Technical Cooperation Agreement granting $6 million USD to Zambia in November 2003 for development projects and debt relief (Linked to Record ID#69231)

$6M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Zambia
Country	Zambia
Start Date	Nov 06, 2003
End Date	Sep 22, 2027
Duration	8,721 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`2198`

Grant Description

On November 6, 2003 during a Zambian Presidential visit to China, government officials signed an Economic and Technical Cooperation Agreement (ETCA) in which China granted $6 million USD to Zambia.

According to a working paper from the African Economic Research Consortium (source ID 112042 p. 20), $2 million USD was used to service the Government of Zambia's debts to China National Aero-Technology Import and Export Corporation (see Record ID#69231 for details). The remaining $4 million USD was earmarked for unspecified development projects to be undertaken in Zambia.

📋 Staff Comments

One source identifies November 7, 2003 rather than November 6, 2003 as the day when the ETCA was signed. Moreover, ETCAs are typically denominated in RMB but the USD amount is all that is available.

📚 Sources & References

Chinese Firms Keen to Invest in Zambia
经济技术合作协议
China-Africa economic relations: The case of Zambia 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.