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Chinese Government commits to provide RMB 1 billion grant - through April 2019 ETCA - to Myanmar for socio-economic development
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of Myanmar (Burma) |
| Country | Myanmar |
| Start Date | Apr 25, 2019 |
| End Date | Oct 07, 2026 |
| Duration | 2,722 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 64730 |
Grant Description
On April 24, 2019, during the 2nd Belt and Road Forum for International Cooperation, the State Counsellor of Myanmar, Daw Aung San Suu Kyi, and President Xi Jinping and Premier Li Keqiang of the People’s Republic of China held bilateral talks.
During these talks, China and Myanmar signed an Economic and Technical Cooperation Agreement (ETCA) in which China committed to provide a RMB 1 billion grant to Myanmar to support socio-economic development.
Myanmar’s Ministry of Foreign Affairs said in a press release that the 1 billion yuan would be used for projects to improve people’s livelihoods, feasibility studies for major projects and humanitarian assistance for IDPs in northern Myanmar ("China to Provide 1 Billion Yuan Socioeconomic Grant to Myanmar").
The specific projects for which this grant is allocated are unclear.
Sources & References
- Press Release on Working Visit of the State Counsellor to the People’s Republic of China
- 重大合作释放惠民红利！中缅经济走廊开启建设
- China to Provide 1 Billion Yuan Socioeconomic Grant to Myanmar
- Press Release on Working Visit of the State Counsellor to the People’s Republic of China
- China to Provide 1 Billion Yuan Socioeconomic Grant to Myanmar-unhcr
- 中缅经济走廊开启实质规划建设 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
Government of Myanmar (Burma)
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