China pledges $229 million USD for reconstruction in Pakistan following the July 2010 floods

In October 2010, China pledged to provide $229 million for post-flood reconstruction, the provision of rice processors, and the provision of the latest technology of cold storage.

This was declared by the Pakistani Minister of Information and Broadcasting, Qamar Zaman Kaira, during a press conference on Hu Jiantao's visit to Pakistan. 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.