Loading…

Loading grant details…

Active Development AidData Chinese Aid

Chinese Government provides 10 million RMB grant through June 2006 ETCA (linked to Record ID#s #69469, #69468, and #35815)

¥10M RMB

Funder China Ministry of Commerce
Recipient Organization Government of Ecuador
Country Ecuador
Start Date Jun 02, 2006
End Date Nov 24, 2026
Duration 7,480 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 35814
Grant Description

On June 2, 2006, representatives of the governments of China and Ecuador signed an Economic and Technical Cooperation Agreement (ETCA), which committed 10 million RMB (about 1.2 million USD) of grant funding for development projects in Ecuador that were undefined at the time of signing.

The Central Bank of Ecuador and the China Development Bank handled banking procedures to facilitate the implementation of the ETCA in an agreement signed September 18, 2009. The agreement specified that the account in which the funds were to be kept was Cuenta de Donación N° 2009/1.

Some portion of the grant was originally committed to be used for the Puyo Hospital construction project in Letters of Exchange signed on September 9, 2009.

However, the project was cancelled and no funds from this ETCA were ultimately used for it (see projects #88174 and #69459).

On November 30 and December 16, 2015, the two governments signed and countersigned Letters of Exchange that committed funds from this ETCA, in addition to several other ETCAs, to be used for the acquisition of a batch of mobile container scanners (see Record ID#69468).

The equipment and related costs were worth 52.2 million RMB total, though it is unknown what the breakdown of funds was between this ETCA and the others.

On August 12 and August 24, 2015, the governments signed and countersigned Letters of Exchange that committed 700,000 RMB of the funds granted in this ETCA to the feasibility study for a project that updated ECU-911, "Dotación de Equipamiento para el Fortalecimiento del Servicio Integrado de Seguridad ECU 911 en el Litoral y Áreas Rurales" (see Record ID#69469).

📋 Staff Comments

This project should not be confused with #35815, which captures an interest-free credit line provided via and Economic and Technical Cooperation Agreement signed on the same day, also for 10 million RMB.

📚 Sources & References
  • China otorga créditos por 2,4 millones de dólares a Ecuador
  • CONVENIO BANCARIO SOBRE PROCEDIMIENTOS CONTABLES ENTRE EL BANCO CENTRAL DEL ECUADOR Y LA CORPORACION BANCARIA DE DESARROLLO DE CHINA
  • CONVENIO DE COOPERACIÓN ECONÓMICA Y TÉCNICA ENTRE EL GOBIERNO DE LA REPÚBLICA DEL ECUADOR Y EL GOBIERNO DE LA REPÚBLICA POPULAR CHINA
  • Ecuador establishes a new deadline for the installation of scanners in ports to check the export cargo
  • Letters of Exchange N.O. 2015 (008) and Nro. 17718/GM/SAAO/DAO/2015
  • Letters of Exchange Nro. 17006/GM/SAAO/DAO/2015 and N.O.2015 (007)
  • Letters of Exchange N° 45674/GM/SRB/DGAAO and N.O.N.(2009) 009 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 Ecuador

Advertisement
Apply for grants with GrantFunds
Advertisement
Browse Grants on GrantFunds
Interested in applying for this grant?

Complete our application form to express your interest and we'll guide you through the process.

Apply for This Grant