Chinese Government provides RMB 50 million interest-free loan — via ETCA — for Senate Building Construction Project (Linked to Record ID#1588 and #60483 and #60606)

Funder	China (People's Republic of)
Recipient Organization	Gabon
Country	Gabon
Start Date	Jun 30, 2006
End Date	Apr 22, 2028
Duration	7,967 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`60606`

Grant Description

Chinese Government provides RMB 50 million interest-free loan — via ETCA — for Senate Building Construction Project On December 13, 2000, the Chinese Government and the Government of Gabon signed an Economic and Technical Cooperation Agreement (ETCA or 经济技术合作协议), which committed an RMB 50 million interest-free loan for the Senate Building Construction Project.

Then, on November 20, 2001, the Chinese Government and the Government of Gabon signed an Economic and Technical Cooperation Agreement (ETCA), which committed an additional RMB 60 million interest-free loan for the Senate Building Construction Project.

Then, on August 21, 2006, the Chinese Government and the Government of Gabon signed an Economic and Technical Cooperation Agreement (ETCA), which committed an additional RMB 50 million interest-free loan for the Senate Building Construction Project. 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.