Loading grant details…
Chinese Government donates $30 million USD to Zambian Government in 2019
| Funder | Unspecified Chinese Government Institution |
|---|---|
| Recipient Organization | Government of Zambia |
| Country | Zambia |
| Start Date | Jun 24, 2019 |
| End Date | Aug 29, 2029 |
| Duration | 3,719 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 88357 |
Grant Description
According to a media reports, at a signing ceremony on June 24, 2019 Chinese Minister of Foreign Affairs Wang Yi announced a USD $30 million grant to the Zambian government.
The grant aims to support key infrastructure projects implemented under the Seventh National Development Plan of the Zambian government for the purpose of accelerating industrialization and job creation agendas.
The grant agreement was signed at a signing ceremony "for economic agreements and debt cancellation" at the Diaoyutai Hotel in Hangzhou, China.
The agreement was signed by Deputy Director of China International Development Cooperation Agency Zhou Liujun and Zambian Foreign Affairs Minister Joseph Malanji, and witnessed by Zambia's Ambassador to China Winnie Chibesakunda.
During the signing ceremony, the two governments also signed a debt cancellation for RMB 150 million of Zambian debt (captured in Record ID#88356).
Sources & References
- China writes off USD 22mn debt, grants USD 30mn – media report
- Zambia: China gives $30 mln, writes off $22 mln debt
- Zambia: China gives $30 mln, writes off $22 mln debt
- Chinese government writes off $22 million debt to ease Zambia’s debt burden
- China mocks Zambia with $22m debt cancellation from $4 b debt 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 Zambia
Interested in applying for this grant?
Complete our application form to express your interest and we'll guide you through the process.
Apply for This GrantQuick Summary
Related Grants
