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Chinese Government pledges $146 million for infrastructure projects (Linked to Record ID#55420, #30727, #55639, #55467, and #55648)
| Funder | Unspecified Chinese Government Institution |
|---|---|
| Recipient Organization | Government of São Tomé & Príncipe |
| Country | Sao Tome and Principe |
| Start Date | Apr 17, 2017 |
| End Date | Jul 27, 2028 |
| Duration | 4,119 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 71266 |
Grant Description
According to a bilateral cooperation document signed in May 2017, the Chinese Government agreed to provide $146 million of grant funding for infrastructure projects between 2017 and 2022 to the Government of São Tomé and Príncipe. The funds were to be disbursed over the 5-years.
Among the infrastructure projects referenced in this bilateral cooperation document were the renovation of the São Tomé International Airport (see #55420), and the construction of a deep-sea port (see #30727). This is the result of the resumption of bilateral ties between the two countries in late 2016.
This meeting also produced several over agreements captured in Projects #55639, #55467, and #55648.
Sources & References
- Two Belts
- One Road? The Role of Africa in China’s Belt & Road initiative
- Addressing the causes of fiscal fragility
- São Tomé signs a five-year co-operation agreement with China
- São Tomé signs a five-year co-operation agreement with China
- FB GROUP Uluslararası Yatırım ve Dış Ticaret A.Ş.’s Post
- São Tomé Airport Signed
- Nuno Xavier Airport Upgrade: São Tomé Reopens Talks with China for $100 Million in Funding
- China to invest USD 100 million São Tomé international airport expansion
- São Tomé and Príncipe announces an airport modernisation deal 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 São Tomé & Príncipe
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