Completed Development AidData Chinese Aid

People's Republic of China Invest 900,000 RMB into Costa Rican Institute of Sport and Recreation (Linked to Record ID#54674 and #54673)

¥900K RMB

Funder	China Ministry of Commerce
Recipient Organization	Costa Rican Institute of Sport and Recreation
Country	Costa Rica
Start Date	Dec 11, 2015
End Date	Feb 27, 2031
Duration	5,557 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`70371`

Grant Description

On May 15, 2017, a delegation from the People's Republic of China arrived at the Costa Rican Institute of Sport and Recreation, ICODER, to conduct a feasibility report for the renovation of the upgrade of the National Stadium's fire and security system.

The feasibility study cost was 900,000 RMB, and was funded through a grant (considered "non-reimbursable technical cooperation") from an Economic and Technical Cooperation Agreement (ETCA) signed on December 11, 2015 (see Record ID#54673).

In the first stage, engineers and other professions were to inspect the facility to gauge the feasibility of a new fire fighting system on May 16, 2017/ This project was marked as Completion because the renovation of the fire fighting system is underway

📋 Staff Comments

This facility is non-reimbursable technical cooperation which means that this is a grant NOT investment. CRS sector was changed from multisector to disaster prevention because this project will help prevent fires.

📚 Sources & References

CHINA CONFIRMS ITS COMMITMENT TO THE NATIONAL STADIUM
CHINA CONFIRMA SU COMPROMISO CON EL ESTADIO NACIONAL 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.