Chinese Government provides RMB 50 million interest-free loan — via ETCA — to support Cuban hospitals

¥100M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Malawi
Country	Malawi
Start Date	Oct 16, 2014
End Date	Jul 15, 2032
Duration	6,482 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`36392`

Grant Description

On October 16, 2014, the Chinese Government and the Government of Malawi signed an RMB 100 million grant agreement and an RMB 50 milion interest-free loan agreement (#36391).

Both agreements were earmarked for education, women's empowerment, and other development projects, and are part of a broadening of bilateral relations between both countries.

📋 Staff Comments

1. AidData has set the umbrella field to True because this agreement was mostly likely an ETCA, which could have committed funds for multiple projects and been previously captured in the dataset.

📚 Sources & References

China injects $25m in Malawi projects, http://www.nyasatimes.com/2014/10/16/china-pumps-25m-in-malawi-projects/
Vice Foreign Minister of The People’s Republic of China Visits Malawi, 14th to 16th October, 2014
Vice Foreign Minister of the People's Republic of China visits Malawi, 14th to 16th October 2014 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.