Active Development AidData Chinese Aid

Chinese Government commits 12.5 million USD in grant aid and interest-free loans for projects (Linked to Record ID#32087, #32079, #33399)

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Cambodia
Country	Cambodia
Start Date	Nov 04, 2002
End Date	Jan 23, 2031
Duration	10,307 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`32066`

Grant Description

On November 4 2002, Chinese Premier Zhu Rongji signed multiple agreements (including Economic and Technical Cooperation Agreements) worth 100 million CNY (about US$12.5 million) in grant aid and interest-free loans to Cambodia.

The aid was promised after the Cambodian Prime Minsters requested assistance for upgrading Cambodia's transportation network and power plants during talks between Premier Zhu and Cambodian Prime Minster Hun Sen at ASEAN.

Under the agreements, China would: - Provide 50 million CNY in grant (see Record ID#32079) - Provide 50 million CNY in interest-free loans (see Record ID#33399) Premier Zhou also announced complete debt relief for the Cambodian Government (worth approximately $200 million USD) at the same meeting (see Record ID#32087).

📋 Staff Comments

In the news article by 'Kyodo News International' on 2 November 2002, the amount of grant aid and interest-free loans given to Cambodia by China was reported to be US$10m. However in the articles by 'WMRC Daily Analysis' and 'news 24 archives', the reported amount was US$12.5m.

📚 Sources & References

Cambodia - Chinese Debt Write-Off Brings Relief
China writes off Cambodia's debt
LEAD: China's Zhu holds talks with Hun Sen.
Cambodia in 2002
Regional Security in the Asia Pacific: 9/11 and After 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

Government of Cambodia

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