China grants CNY 10 million to Albania for infrastructure and telecommunications development

Funder	China (People's Republic of)
Recipient Organization	Albania
Country	Albania
Start Date	May 26, 2011
End Date	Jul 21, 2031
Duration	7,361 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`42368`

Grant Description

On April 22nd, 2009, Albanian Prime Minister Sali Berisha, and Chinese Premier Wen Jiabo discussed future trade, social, and economic development projects as well as a grant of CNY 10,000,000 Yuan to help finance them during the BOAO Economic Forum held in Hainan, 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.