ICBC signs funding support agreement for development in Tanzania

Funder	Industrial and Commercial Bank of China (ICBC)
Recipient Organization	National Development Corporation (NDC) of Tanzania
Country	Tanzania
Start Date	Mar 01, 2013
End Date	May 06, 2026
Duration	4,814 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`30606`

Grant Description

In March 2013, the Chinese Government and the Government of Tanzania signed multiple deals.

Kenya's National Development Corporation and the Industrial and Commercial Bank of China (ICBC) signed the "Funding Support Agreement for Development Project".

📋 Staff Comments

The specific project(s), financing amounts, and additional details are unknown.

📚 Sources & References

Tanzania
China sign Agreements; vow continued cooperation
China Aid to Boost National Budget
China Offers to Finance Projects Worth Sh1.28 Trillion 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.