China surprises Nepal with $119M

    Chinese Premier Wen Jiabao made a surprise visit to Nepal on Saturday (Jan. 14), armed with an aid package offer worth $119 million.

    Wen, who was on his way to attend the fifth World Future Energy Summit in Abu Dhabi, said the multimillion-dollar offer will be for the country’s economic development. He promised additional assistance for the Himalayan nation’s infrastructure projects, such as the development of an international airport in Pokhara — a popular tourist destination in Nepal — and the building of mountain highways and a hydropower plant.

    During his brief visit, Wen also signed several agreements with Nepal, including providing technical assistance to the country and help in strengthening the Nepalese police force.

    The assistance from China will help rebuild Nepal, which is still recovering from years of insurgency and a decadelong civil war.

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    About the author

    • Jenny Lei Ravelo

      Jenny Lei Ravelo is a Devex Senior Reporter based in Manila. She covers global health, with a particular focus on the World Health Organization, and other development and humanitarian aid trends in Asia Pacific. Prior to Devex, she wrote for ABS-CBN, one of the largest broadcasting networks in the Philippines, and was a copy editor for various international scientific journals. She received her journalism degree from the University of Santo Tomas.