Chinese Government grants $2.4 million USD to establish the Zambia Investment Center

$2.4M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Zambia
Country	Zambia
Start Date	Sep 13, 2000
End Date	Jan 05, 2029
Duration	10,341 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`2111`

Grant Description

On September 13, 2000, it was reported that, the Chinese Government committed to establishing the Zambia Investment Center (or Chinese Center for Investment Promotion and Trade) in Lusaka. The grant-funded facility cost $2.4 million USD to construct and its purpose was to screen investors from China.

The facility was opened on 25 June 2001.

📚 Sources & References

http://allafrica.com/stories/200106250051.html
Chinese Center in Zambia Hailed as Business Bridge. 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.