China provides 50 million RMB grant assistance for economic and technical cooperation with Nepal

¥50M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Nepal
Country	Nepal
Start Date	Feb 28, 2011
End Date	Oct 01, 2027
Duration	6,059 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`34417`

Grant Description

On February 28th, 2011, China signed an agreement to provide 50 million RMB (547 million NPR) in assistance to Nepal as a gesture of commitment to promote friendly relations and enhance the economic and technical cooperation between the two countries. The assistance will be utilized for the mutually agreed projects pending decision between the two governments.

📚 Sources & References

China to provide assistance to Nepal for different projects
Chinese vice-minister signs loan deal for Nepal hydro project
China agrees to provide assistance to Nepal for different projects
China Increases Economic 'Assistance' to Nepal
China pledges over NRs 7.54 billion grant and loan assistance to Nepal
主管中共情报、武警警察部门的政治局常委周永康抵蒙古国 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.