Chinese Government pledges a RMB 100 million grant for unspecified purposes (Linked to Record ID#41198 and#41199)

¥100M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Yemen
Country	Yemen
Start Date	Nov 01, 2013
End Date	Jan 10, 2033
Duration	7,010 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`41197`

Grant Description

On November 13th, 2013, President of China Xi Jinping announced a grant of RMB 100 million as a gift on the occasion of the President Abd Rabbo Mansour Hadi's visit to China. The grant was given in a Yemeni-Chinese official talk session held in Beijing chaired by the two countries' presidents.

At this session, China also pledged a 50 million RMB grant to the Yemeni Defense Ministry (as captured by linked Record ID#41198) and a RMB 200 million long-term interest-free loan (as captured by linked Record ID#41199) to Yemen.

📚 Sources & References

CHINA TO BUILD NEW POWER PLANTS AND DEVELOP PORTS IN YEMEN
Why Is China Interested in a Volatile Yemen?
At top summit
China gifts Yemen ¥150 mln, ¥200 mln no-interest loan
At top summit, 350 mln CNY provided to Yemen 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.