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Overview

China pledges to finance 209 million Euro renovation of Provincial Stadiums (linked to Record ID#22818)

Commitment Year2007Country of ActivityCameroonDirect Recipient Country of IncorporationCameroonSectorOther Social Infrastructure And ServicesFlow TypeLoan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Nov 30, 2007

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

  • Government of Cameroon

Implementing agencies

Government Agencies

  • Government of Cameroon

State-owned companies

  • China National Machinery Import & Export Corporation (CMC)

Loan desecription

China pledges to finance 209 million Euro renovation of Provincial Stadiums (linked to Record ID#22818)

Interest typeUnknown

Narrative

Full Description

Project narrative

The governments of Cameroon and China signed a partnership accord on November 30, 2007 that provides for rehabilitation of existing stadiums in each of Cameroon's provincial headquarters. The project was projected to cost 209 million Euros. It would span for eight years, during which Cameroon was expected to pay back a loan to China. A Chinese company, China National Machinery and Equipment Import and Export Corporation, will be executing the project under a Build-Operate-Transfer model. Minister Edjoa disclosed that his Ministry has drawn up an elaborate plan to provide sports infrastructure in all the provincial headquarters. According to the plan, proximity sports edifices would be erected in all Divisional headquarters in the country. In November 2009 an update provided that: 'Since last year, two stadiums of 15 000 seats- among which 200 seats in presidential boxes and 100 seats for handicapped persons- have been under construction'. This project forms phase 3 of a larger project involving the National Sports School (see linked Record ID#22818). Further information, including progress updates, are unknown. There is no evidence that an actual loan agreement was signed in the country's Development Assistance Database (DAD). In March 2010, it was reported that a contract had been signed for the Cameroon Sports Facility Development Project. CMEC is to construct 4 new stadiums--Yaounde (60,000 seats), Douala (30,000 seats), Limbe and Bafoussa (20,000 seats)--for the African Football Cup in 2012. As of May 2014, the Limbe and Bafoussa stadiums are still under construction. A new site for the Limbe Stadium was being tested for use in 2011 at Ngeme, Limbe II Sub Division.

Staff comments

It is unclear whether the funds for the sub-project, #22818, were disbursed through this pledged larger facility or separately.