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Chinese government grants 30 million RMB through December 2013 ETCA (Linked to Record ID#59708)
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of Ecuador |
| Country | Ecuador |
| Start Date | Dec 18, 2013 |
| End Date | Nov 15, 2031 |
| Duration | 6,541 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 88181 |
Grant Description
On December 18, 2013, the governments of China and Ecuador signed an Economic and Technical Cooperation Agreement (ETCA) that provided a grant of 30 million RMB to the government of Ecuador. At the time the agreement was signed, the projects to be funded by this grant were unspecified.
Banking procedures were to be handled by the Central Bank of Ecuador (Banco Central del Ecuador) and China Development Bank.
On October 11, 2017, the two governments signed Letters of Exchange committing funds from this ETCA, in addition to two other ETCAs, to the Incorporation of TICs in Education project (project Incorporación de TICs en la Educación), which granted 10,000 computers (see Record ID#59708).
This project, and related expenses, cost 64.3 million RMB, though the breakdown of funds between the three ETCAs that provided funding is unknown. It is unknown if additional sub-projects were funded through this agreement.
Sources & References
- Convenio de Cooperación Económica y Técnica entre el Gobierno de la República del Ecuador y el Gobierno de la República Popular China
- Letters of Exchange N.O. 2017(001) and Nota Nro. MREMH-GM-SCI-21216-2017 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 Ecuador
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