China grants USD 2.5m to Micronesia at China-Pacific Island Countries Forum

$2.5M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Trust Fund of the Federal States of Micronesia
Country	Micronesia
Start Date	Apr 05, 2006
End Date	Jun 30, 2026
Duration	7,391 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`42031`

Grant Description

According to the Kaselehlie Press, the Chinese government provided Micronesia a grant of USD 2.5 million during the China-Pacific Islands Countries (PIC) Economic Development and Cooperation Forum from April 5-6 2006, in Fiji.

US$75,000 will be used for the dispatch of team from China for the initial assessment of the construction of the Pohnpei State Administration building. The rest will be used for projects to be agreed upon between the two governments.

The groundbreaking ceremony for the construction of the Pohnpei State Administration building was held on November 16, 2007.

📚 Sources & References

CHINA-PACIFIC ISLANDS MEETING YIELDS OVER $2 MILLION IN GRANTS FOR FSM
China In the Pacific: The New Banker in Town
The Ground-Breaking Ceremony of Pohnpei State Administration Building Project Funded by the Government of the People's Republic of China 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.