Chinese Government provides RMB 1 billion grant -- via ETCA -- for Kodari Highway Upgrading and Rasuwa Bridge Construction Project

¥1M RMB

Funder	China Ministry of Commerce
Recipient Organization	Government of Nepal
Country	Nepal
Start Date	Aug 16, 2017
End Date	Jun 25, 2029
Duration	4,331 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`71791`

Grant Description

On August 16, 2017, the Vice Premier of the State Council of the PRC Wang Yang, who represents the Chinese Government and the Government of Nepal signed an Economic and Technical Cooperation Agreement (ETCA), which committed RMB 1 billion RMB of grant funding for the reconstruction of Kodari Highway and construction of a bridge in Rasuwa.

This project also involves the establishment of hydropower projects and transmission lines for connectivity.

📚 Sources & References

PM‘s China visit positive, but not a breakthrough: Dr Mahat
CHINESE DEPUTY PREMIER'S NEPAL VISIT Neighbor's Concern
Nepal
China sign three accords
Profiles of Development Partners
Nepal-China Relations
Development Partners Profiles March 2018
Nepal-China Relations - Ministry of Foreign Affairs Nepal MOFA
Nepal Says 'No Thanks' To Delayed Chinese Aid
To Self-Finance Crucial Highway Project 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.