China signs an Economic and Technical Cooperation Agreement granting 10.3 million PGK to Papua New Guinea (Linked to Record ID#40527, #64304, #39284)

$10.3M USD

Funder	China Ministry of Commerce
Recipient Organization	Papua New Guinea
Country	Papua New Guinea
Start Date	Dec 01, 2003
End Date	Oct 10, 2033
Duration	10,906 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`42108`

Grant Description

In December 2003, a Chinese government official signed an Economic and Technical Cooperation Agreement (ETCA) granting 10.3 million PGK to finance three projects in Papua New Guinea.

The first project (#40527) began on March25, 2006 and the final project (#39284) was completed on February 1, 2008, This grant funded the construction of the Computer Center of Lae Unitech (#40527), the Government House Renovation Project (#64304), and the Expansion of Students' Dormitory and Teacher's Houses of Vudal Agricultural College (#39284).

The financial breakdown is unknown.

📚 Sources & References

CHINA GIVES PNG $2.8 MILLION GRANT
Speech at the Handover Ceremony of Soldiers' Club
The Dragon Looks South
China In the Pacific: The New Banker in Town 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.