China funds construction of cement factory (linked to #57517)
Commitment amount
$ 75100502.4137396
Adjusted commitment amount
$ 75100502.41
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Rwanda
Sector
Industry, mining, construction (Code: 320)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Description
On January 14, 2009, Rwandan President Paul Kagame and Chinese Foreign Minister Yang Jiechi agreed for China to fund the construction and operationlization of the cement factory (CIMERWA) at Bugarama, Rwanda. Chinese company, Pengfei Group Co. Ltd oversaw the construction of the plant. As of October 2010, 30% of the price of the plant had been paid and construction had begun. The Chinese contribution to the plant, the current status, and the start and end dates are unknown. This financing was likely signed through an ETCA on the same date (captured in #57517).
Number of official sources
2
Number of total sources
5
Details
Cofinanced
No
Implementing agencies [Type]
Jiangsu Pengfei Group Co., Ltd. [State-owned Company]