Chinese Government provides RMB 50 million grant for unspecified purposes

¥50M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Laos
Country	Lao People's Democratic Republic
Start Date	Mar 30, 2008
End Date	Nov 13, 2028
Duration	7,533 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`64234`

Grant Description

During the GMS summit in Laos from March 30 to 31 in 2008, China and Laos signed seven agreements, one of which provided Laos with 50 million RMB in grant assistance from China. It is unclear for what purposes this specific 50 million RMB grant was used for.

📋 Staff Comments

This RMB 50 million grant was most likely provided through an Economic and Technical Cooperation Agreement (ECTA).

📚 Sources & References

The Increasing Presence of China in Laos Today: A Report on Fixed Point Observation of Local Newspapers from March 2007 to February 2009
Greater Mekong Subregion summit concludes in Laos
China pledges millions in aid to region
Greater Mekong Subregion Economic Cooperation Program - The Third GMS Summit 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.