China uses December 2009 ETCA to finance Channel Bridge survey project in Micronesia (Linked to Record ID#40002)

Funder	China (People's Republic of)
Recipient Organization	Micronesia
Country	Micronesia
Start Date	Aug 31, 2009
End Date	Aug 25, 2031
Duration	8,029 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`40001`

Grant Description

On December 31, 2009, the Chinese Ambassador and Micronesian Secretary of Foreign Affairs signed an economic and technical cooperation agreement (ETCA) granting 450,000 RMB to the Government of Micronesia.

According to Congressional Resolution No. 17-71, on 14 October 2011, both parties agreed to use these funds to finance the cost of a survey project for constructing Channel Bridge (or Okat Bridge or Kosrae Bridge or 科斯雷州大桥) in Okat, Kosrae. According to a Chinese Foreign Ministry press release, this project was completed.

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.