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[China-Venezuela Joint Fund] Construction of Musical Instruments Assembly Plant (linked to ID #58677)
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Banco de Desarrollo Económico y Social de Venezuela (BANDES)|China-Venezuela Joint Fund |
| Country | Venezuela |
| Start Date | Jan 01, 2014 |
| End Date | Jan 21, 2030 |
| Duration | 5,864 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 38379 |
Grant Description
[China-Venezuela Joint Fund] Construction of Musical Instruments Assembly Plant In 2014, Venezuelan President Nicolas Maduro and the president of the National System of Youth Orchestras and Choirs, Jose Antonio Abreu, announced the signing of agreements with China for the construction of a factory of musical instruments.
The creation of the musical instruments factory will be done with resources from the China-Venezuela Fund.
The China-Venezuela Joint Fund receives contributions from China Development Bank and FONDEN, and it is administered by BANDES. See Record ID#58677 for more information on the fund.
Sources & References
- Venezuela potenciará sistema de orquestas con cooperación de China
- Venezuela to expand 'symphonic orchestra movement'
- Artistas venezolanos contarán con Sistema de Fabricación de Instrumentos Musicales
- Gaceta Oficial de la Republica Bolivariana de Venezuela
- China-Venezuela Economic Relations: Hedging Venezuelan Bets with Chinese Characteristics 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
Banco de Desarrollo Económico y Social de Venezuela (BANDES)|China-Venezuela Joint Fund
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