Chinese Government provides a RMB 3 million grant for the provision of woodworking equipment

¥3M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Georgian Ministry of Economy and Sustainable Development
Country	Georgia
Start Date	Jun 12, 2000
End Date	Dec 19, 2027
Duration	10,051 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`42238`

Grant Description

On June 12, 2000, the Chinese Government and the Government of Georgia signed an agreement in which the Chinese Government provided a RMB 3 million grant to Georgia.

The grant went to the Ministry of Economy, Industry, and Trade of Georgia, which used the proceeds of the grant to purchase Chinese woodworking machinery equipment.

On April 4, 2002, a tender commission under the Ministry of Economy, Industry and Trade selected three Georgian companies that would be leased the woodworking equipment purchased with the grant's proceeds.

Ultimately, 6 sets of woodworking equipment were handed over to EDS in the Gurjaani municipality, Universal in Tsalenjikha municipality, and Zugdidsoplteknika in Zugdidi municipality.

📚 Sources & References

3 GEORGIAN COMPANIES TO BE FURBISHED WITH EQUIPMENT ON LEASING TERMS
UNDER CHINESE GRANT
Embassy of Georgia to the People`s Republic of China 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.