Active Development AidData Chinese Aid

Chinese Government provides RMB 50 million loan — via ETCA — for unspecified development purposes (Linked to Record ID#41183, ID#41186)

¥50M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Yemen
Country	Yemen
Start Date	Dec 29, 2009
End Date	Jan 29, 2030
Duration	7,336 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`41184`

Grant Description

Chinese Government provides RMB 50 million loan — via ETCA — for unspecified development purposes On 12/29/2009, the Chinese government signed a 50 million RMB interest-free loan under an Economic and Technical Cooperation Agreement (ETCA) for unspecified development purposes.

This grant is part of a larger 105 million RMB set of three agreements between the two countries. #41183 captures a 50 million RMB grant also under an ETCA. Record ID#41186 captures a 5 million RMB grant for IDP relief in Saada province.

📋 Staff Comments

Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20-years by default and grace period to 10-years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20-years, with a drawdown period of 5-years, grace period of 5-years, and repayment over 10-years. AidData treats the drawdown period as providing 5-years of additional grace.

📚 Sources & References

Top Biz News China
Yemen sign agreements to promote co-op, assistance
China
Yemen sign agreements to promote cooperation, assistance
也门副总理盛赞中国援助
也门副总理盛赞中国援助
Remarkable cooperation between Yemen, donors in 2009
中也两国政府在萨那签订三份经济技术合作协议 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

Government of Yemen

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