China grants Tk 354 million for medical equipment and appliances

$354M USD

Funder	China Ministry of Commerce
Recipient Organization	Bangladesh
Country	Bangladesh
Start Date	Aug 25, 2015
End Date	Jan 21, 2028
Duration	4,532 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`52688`

Grant Description

On August 25, 2015, AMA Muhith, Bangladesh's Finance Minister, and Gao Hucheng, China’s commerce minister, signed two Letters of Exchange (LEs). In one letter China pledged to collect medical equipments and appliances for the Ministry of Health and Family Welfare. The funding came from a Chinese grant of Tk 35.4 crore (TK 354 million).

The coder did follow-up research in both English and Chinese, but could not find any information relating to the progress of the project. Unsure if transaction ever occured.

📚 Sources & References

Letters of Exchange signed with China for Purbachal exhibition centre, medical equipment
China interested to invest $300m in Bangladesh textile sector 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.