Chinese Government signs Economic and Technical Cooperation Agreement granting $32 million USD in June 2014 (Linked to Record ID#59263, #40893, ETCA #40889)

¥32M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Zambia
Country	Zambia
Start Date	Jan 01, 2014
End Date	Feb 12, 2033
Duration	6,982 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`40890`

Grant Description

On June 15, 2014, Chinese Vice President Li Yuanchao and Zambian Vice President Guy Scott witnessed the signing of two Economic and Technical Cooperation Agreements (ETCA). One committed a $32 million USD grant and the other was a $32 million USD interest-free loan (ETCA #40889).

The proceeds from this grant and loan were to be used to improve Zambia's water supply network in rural areas (Record ID#59263), develop an international airport in Lusaka (Record ID#40893, which was completed in August 2021), and improve the education system. The financial breakdown is unknown.

📚 Sources & References

China Boosts Ties Africa Copper Giant Zambia
Zambia
China Ink U.S.$64 Million Deals, 2014 Economic Report
Ambassador Li Jie Attends the Commissioning Ceremony of Kenneth Kaunda International Airport 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.