China government grants the supply of machinery worthing RMB 45.5 million for Attabad Lake (Linked to Record ID#72694)

¥45.5M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Pakistan
Country	Pakistan
Start Date	Jun 19, 2012
End Date	Aug 26, 2030
Duration	6,642 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`72693`

Grant Description

On June 19, 2012, China government signed a letter of exchange (LOE) with government of Pakistan to provide the supply of machinery worthing RMB 45.5 million for the road and bridge construction work undertaken as part of the Karakoram Highway Project at Attabad Lake. The initial project agreement was approved on December 17, 2010.

📋 Staff Comments

The supply assistance includes two batches of machinery grants, one is the supply of machinery worthing RMB 45.5 million, captured in this project, the other is the supply of machinery worthing RMB 20 million, captured by project ID#72694.

📚 Sources & References

Pakistan Economic Affairs Division 2014-15 Year Book 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.