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Lancang-Mekong Cooperation Special Fund provides USD 7.3 million to Cambodia for 16 projects in 2017
| Funder | Unspecified Chinese Government Institution |
|---|---|
| Recipient Organization | Lancang-Mekong Cooperation (LMC) Special Fund |
| Country | Cambodia |
| Start Date | Dec 21, 2017 |
| End Date | Sep 30, 2033 |
| Duration | 5,762 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 68974 |
Grant Description
Lancang-Mekong Cooperation Special Fund provides USD 7.3 million to Cambodia for 16 projects in 2017 On December 21, 2017, the Chinese Government provided a USD 7.3 million concessional loan from the Lancang-Mekong Cooperation (LMC) Special Fund (see Umbrella Record ID#49339) to the Government of Cambodia for 16 unspecified projects.
China initiated the LMC Special Fund during the first LMC Leaders' meeting in Sanya of China's southern Hainan province on March 2016 with the aim of supporting the small and medium-sized cooperation projects put forward by the six Lancang-Mekong countries.
These projects are meant to benefit the Cambodian people in many areas such as improving living standards, education, health, and tourism.
According to a report in 2019, so far, 2 projects have been completed, and the remaining 14 projects have made substantial progress ("中国与柬埔寨签署19个澜湄合作专项基金项目 金额766万美元").
A second batch of project agreements for 2018 funded by a USD 7.66 million loan were signed on February 18, 2019 (see Record ID#62695).
Staff Comments
- Specific projects funded by this loan have yet to be identified.
- Chinese project title: 2017年度澜湄合作专项基金柬方项目
Sources & References
- 驻柬埔寨大使熊波同柬外交大臣布拉索昆共同签署2017年度澜湄合作专项基金柬方项目协议
- 驻柬埔寨大使熊波同柬外交大臣布拉索昆共同签署2017年度澜湄合作专项基金柬方项目协议
- 澜湄合作专项基金柬埔寨首批项目在金边签约
- 李克强在柬埔寨主流媒体发表署名文章：为澜湄合作与中柬友好架桥铺路
- 澜湄合作为柬埔寨发展注入新动力
- 熊波大使同柬外交大臣布拉索昆共同签署2017年度澜湄合作专项基金柬方项目协议
- 澜湄合作专项基金柬埔寨新项目签约
- 中国与柬埔寨签署19个澜湄合作专项基金项目 金额766万美元
- China provides 7.3 mln USD from LMC Special Fund to Cambodia 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
Lancang-Mekong Cooperation (LMC) Special Fund
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