Chinese Government pledges to extend credit line for modernizing Cuba’s electronic industry

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Cuba
Country	Cuba
Start Date	Jan 01, 2017
End Date	Oct 11, 2033
Duration	6,127 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`54765`

Grant Description

Chinese Government pledges to extend credit line for modernizing Cuba’s electronic industry In 2017, China’s ambassador to Cuba Chen Xi signed five new accords to support the recovery process after Hurricane Irma. One of the accords include a new credit line to remodel and modernize Cuba’s electronic industry.

It is unclear whether a Chinese financial institution ever formally committed these funds.

📚 Sources & References

Filling the Void: Chinese-Cuban Relations Continue Apace
China
Cuba sign agreements to expand economic, trade ties 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.