Chinese Government pledges $20 million grant for flood assistance

$20M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Costa Rica
Country	Costa Rica
Start Date	Oct 24, 2007
End Date	Feb 26, 2028
Duration	7,430 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`35529`

Grant Description

In October 2007, Chinese President Hu agreed to grant Costa Rica $20 million USD.

The purpose of the aid is to assist several hundred citizens in Costa Rica suffering from severe flooding that occurred three weeks prior.

The donation was one of eleven cooperation agreements signed by representatives Oscar Arias and Hu Jintao to support Costa Rican infrastructure.

Promised funds were transferred in December 2007 and used by Costa Rica's National Emergency Commission for housing and rebuilding bridges and roads damaged by the rains.

📚 Sources & References

Costa Rica y China suscriben once acuerdos de cooperación
China hace efectiva donación de USD 20 millones a Costa Rica
Costa Rica and China Seal Multiple Co-operation Pacts
Costa Rica y China suscriben once acuerdos de cooperación
Nacion.com: Weekly review
National Emergency Commission receives US$20 million donation from China 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.