Project ID: 22818

Chinese Government provides loan for National Sports School Construction Project (linked to #22824)

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Cameroon

Sector

Education (Code: 110)

Flow type

Loan

Concessional

Vague

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Implementation

2004

2004-08-06

Actual start

Commitment

Estimated.

2007

Completion

2009

2009-03-11

Actual

NOTE: This project began implementation and then later secured financing from a Chinese funding agency to continue project implementation

Description

In 2007, the Chinese Government pledged funds to construct a National Sports School in Olembe. The face value and terms of the loan are unknown; however, the total estimated cost of the project was 60 million euros. This was part of a larger 209 million Euro renovation of Provincial Stadiums in Cameroon by the Chinese Government (see linked ProjectID#22824).The project involved the construction of a 35,000 seat capacity National Sports School over 10 thousand square metres of land with a medical rehabilitation centre for students to recover from physical activities. The project also involved the construction of an indoor gymnasium and an aquatic centre.China National Machinery and Equipment Import and Export Corporation (CMEC) was the contractor responsible for project implementation. The project was initiated on August 6, 2004 and completed on March 11, 2009.

Additional details

The Chinese name of this project is 喀麦隆多功能体育馆落.

Number of official sources

4

Number of unofficial sources

5

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Details

Cofinanced

No

Receiving agencies [Type]

Government of Cameroon [Government Agency]

Implementing agencies [Type]

China National Machinery and Equipment Import & Export Corporation [State-owned Company]

Loan type

No Information

Gurarantee provided

No

Insurance provided

No