Chinese Government signs Economic and Technical Cooperation Agreement granting 43.3 billion ZMK for unspecified projects in December 2011 (Linked to ETCA #2335)

$43.3M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Zambia
Country	Zambia
Start Date	Dec 12, 2011
End Date	Oct 30, 2030
Duration	6,897 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`2334`

Grant Description

On December 12, 2011, Zambia’s Finance and National Planning Minister Alexander Chikwanda and China’s Vice-Foreign Minister Zhai Jun signed two Economic and Technical Cooperation Agreements (ETCA).

One committed a 43.3 billion ZMK ($8.5 million USD) grant and the other was a 32 billion ZMK ($6.2 million USD) interest-free loan (ETCA #2335).

The proceeds from the funds were supposed to be used in the fight against poverty and to support other projects that would support the Government of Zambia’s Sixth National Development Plan (SNDP). However, it is unclear exactly how the proceeds were ultimately used.

📚 Sources & References

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中国政府和赞比亚政府签署两份经济技术合作协定 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.