Active Development AidData Chinese Aid

Chinese Government provides RMB 100 million interest-free loan — via ETCA — for unspecified purposes

¥100M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Cambodia
Country	Cambodia
Start Date	Dec 27, 2006
End Date	Jul 06, 2030
Duration	8,592 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`33156`

Grant Description

Chinese Government provides RMB 100 million interest-free loan — via ETCA — for unspecified purposes On December 27, 2006, the Chinese government signed an agreement with the Cambodian government to provide an interest-free loan of 100 million RMB yuan (about 12.5 million U.S. dollars) through an Economic and Technical Cooperation Agreement (ETCA) in the following five years to implement the projects already agreed upon by both sides.

The agreement is signed by Charge d'Affaires of the Chinese Embassy Duan Jinzhu and Cambodian Minister of Economy and Finance Keat Chhun.

📋 Staff Comments

Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20-years by default and grace period to 10-years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20-years, with a drawdown period of 5-years, grace period of 5-years, and repayment over 10-years. AidData treats the drawdown period as providing 5-years of additional grace.

📚 Sources & References

中柬双方签署1亿元人民币无息贷款协议和援柬选举办公设备供货合同
China to offer 12.5 mln USD interest-free loan to Cambodia
中国将向柬埔寨提供1亿元人民币无息贷款
中国驻柬埔寨使馆段金柱临时代办出席中国援助柬埔寨1亿元人民币无息贷款签字仪式
我援助柬埔寨1亿元人民币无息贷款签字仪式举行
China to offer 12.5 mln USD interest-free loan to Cambodia 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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