Loading grant details…
MOFCOM provides RMB 90 million grant — via ETCA — for unspecified projects (Linked to Record ID#30726)
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Central Bank of Egypt |
| Country | Egypt |
| Start Date | Apr 12, 2012 |
| End Date | Mar 12, 2026 |
| Duration | 5,082 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 58589 |
Grant Description
On April 12, 2012, the Chinese Ambassador to Egypt, Song Aiguo, and the Egyptian Minister of Investment and International Cooperation, Fayza Abul-Naga, signed an Economic and Technical Cooperation Agreement (ETCA), which committed RMB 90,000,000 of grant funding for unspecified purposes.
The ETCA stipulated that the grant would be allocated at a later date following a formal exchange of letters between the two signatories and that the grant would be disbursed through a bank account established between China Development Bank and the Central Bank of Egypt.
On September 7, 2012, decision no. 295 of the President of the Supreme Council of Armed Forces ratified the ETCA in Egyptian law.
Sources & References
- 中国政府将向埃及提供9000万人民币无偿援助
- Egypt: Abul-Naga - $14.2 Million Chinese Non-Refundable Grant to Nation
- Country
- China Sign Two Cooperation Deals Worth $13.78 Million
- China to provide 19.3 million USD of aid to Egypt
- 我国将向埃及提供9000万人民币无偿援助, الموافقة على إتفاق التعاون الاقتصادي والفني بين حكومتي مصر والصين, الصين تمنح مصر 450 مليون يوان لإقامة مشروعات مشتركة, الصين تقدم لمصر مساعدة مجانية بقيمة 19.3 مليون دولار امريكي, قرار رئيس المجلس الأعلى للقوات المسلحة رقم 295 لسنة 2012 بشأن الموافقة على اتفاق التعاون الاقتصادى والفنى بين حكومتى جمهورية مصر العربية وجمهورية الصين الشعبية » 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.
All Grantees
Central Bank of Egypt
Interested in applying for this grant?
Complete our application form to express your interest and we'll guide you through the process.
Apply for This GrantQuick Summary
Related Grants
