Active Development AidData Chinese Aid

Chinese Government donates 40,000 tons of cooking coal to North Korea in 2008

$3.94M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of North Korea
Country	Democratic People's Republic of Korea
Start Date	Jan 01, 2008
End Date	Aug 21, 2029
Duration	7,903 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`63389`

Grant Description

On September 5, 2008, the Foreign Aid Project Tendering Committee of China’s Ministry of Commerce (MOFCOM) discussed the bidding method for the North Korea 40,000 Ton Cooking Coal Project. Then, on September 12, 2008, the Committee re-examined the limited invitation biddings for the project.

Among the 5 companies that were originally invited to bid for this project, only Yanbian Haihua Import and Export Trade Co., Ltd (延边海华进出口贸易有限公司) submitted the necessary documents on time.

Thus, considering that the project was created under the Six-Party talks with North Korea, political urgency pushed the Ministry of Commerce to select Yanbian Haihua Import and Export Trade Co., Ltd as the contractor responsible for implementation. Then, on September 27, 2008, MOFCOM finalized the general contract price for the project.

To estimate the monetary value of the grant commitment ($3,939,200), AidData takes the international price of a ton of coal in January 2008 ($98.48) and multiplies it by 40,000 tons.

📋 Staff Comments

The Chinese title of the project is 援朝鲜4万吨炼焦煤项目.

📚 Sources & References

商务部对外援助项目招标委员会通告2008年第31号
商务部对外援助项目招标委员会通告2008年第32号
商务部对外援助项目招标委员会通告2008年第30号
Global price of Coal
Australia (PCOALAUUSDM) 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.