CNPC pledges $1 million USD to reconstruct water mains and redevelop Aktobe region (Linked to Record ID#40705)

$1M USD

Funder	China National Petroleum Corporation (CNPC)
Recipient Organization	Government of Kazakhstan
Country	Kazakhstan
Start Date	Mar 01, 2005
End Date	Apr 30, 2031
Duration	9,556 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`40704`

Grant Description

In March 2005, Chinese oil company CNPC-Aktobemunaygaz (the Kazakh subsidiary of China National Petroleum Corporation, CNPC) and the administration of the Aktobe region of Kazakhstan signed a new memorandum on mutual cooperation.

The document was signed by Mayor of Aktobe region Yeleusin Sagindikov and chairman of the board of directors "CNPC - Aktobe "Wang Dongjin.

The oil company promises to allocate $ 1 million USD for the reconstruction of water mains in the working village of Kenkiyak and funds for the development of culture, education, sport and health of the region. The same company provided another $300,000 USD to Aktobe region (see Record ID#40705).

📚 Sources & References

CNPC-Aktobe and Aktobe region of Kazakhstan signed a memorandum of cooperation 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.