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China Overseas Infrastructure Development and Investment Corporation signed a cooperation agreement with the Guinea Administration et Contrôle des Grands Projets (ACGP)
| Funder | China Overseas Infrastructure Development and Investment Corporation (中国海外基础设施开发投资有限公司) |
|---|---|
| Recipient Organization | Guinea Administration et Contrôle des Grands Projets (ACGP) |
| Country | Guinea |
| Start Date | Jan 01, 2019 |
| End Date | Dec 11, 2030 |
| Duration | 4,362 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 86368 |
Grant Description
On December 12, 2019, the delegation of China Overseas Infrastructure Development and Investment Co., Ltd. signed a cooperation agreement with the Guinea Administration et Contrôle des Grands Projets.
In accordance with the cooperation agreement signed by the two parties, in the future, the Guinea Project Bureau will submit the list of priority projects identified by Guinea to China Overseas Infrastructure Development and Investment Co., Ltd which will fund large projects and complete feasibility study reports, environmental assessment reports, and preliminary designs.
China Overseas Infrastructure Development and Investment Co., Ltd. will also assist several parties to implement financing, inviting, coordinating, and introducing other Chinese financial institutions to provide financing for these mature projects.
The cooperation between the China Overseas Infrastructure Development and Investment Co., Ltd. and the Guinea Administration et Contrôle des Grands Projets is intended to promote the cooperation between China and Guinea in the field of infrastructure construction.
Sources & References
- 中国海外基础设施开发投资公司与几内亚总统府大项目局签署合作协议
- 中国海外基础设施开发投资公司与几内亚总统府大项目局签署合作协议 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
Guinea Administration et Contrôle des Grands Projets (ACGP)
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