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Overview

Chinese Government provides RMB 80 million grant for Yabassi Agricultural College Construction Project (Linked to Record ID#59249, #59001)

Commitments (Constant USD, 2023)$13,743,941
Commitment Year•2012Country of Activity•CameroonDirect Recipient Country of Incorporation•CameroonSector•EducationFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2012
Start (planned)
Jan 1, 2012
End (planned)
Dec 31, 2017
End (actual)
Jan 9, 2017

Geospatial footprint

Map overview

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The purpose of this project was for the Chinese government to provides RMB 80 million grant for the Yabassi Agricultural College Construction Project. More detailed locational information can be found at https://www.openstreetmap.org/way/625719974

Stakeholders

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

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Cameroon

Implementing agencies

Government Agencies

  • Cameroon Ministry of Secondary Education

State-owned Policy Banks

  • China Development Bank (CDB)

Loan desecription

Chinese Government provides RMB 80 million grant for Yabassi Agricultural College Construction Project (Linked to Record ID#59249, #59001)

Narrative

Full Description

Project narrative

In 2012, the Government of Cameroon secured a grant worth 80 million CNY from China's Ministry of Commerce -- via China Development Bank (CDB) -- to conduct a feasibility study for the construction of a public technical agricultural high school for agriculture located in Yabassi, Nkam division, Littoral region. The site was also examined by the Minister of Secondary Education. This was the first of 2 grants from the Chinese government for this project; the second was given on July 13th, 2015 (see linked Record ID#59249). This project was completed on January 9, 2017. According to the 25 September 2012 agreement, this project's funding comes from three ETCAs: 31 January 2007 (Record ID#58869) 12 January 2011 (Record ID#31245) 25 September 2012 (Record ID#59001)- 50 million CNY to fund the school's construction and other unspecified joint projects

Staff comments

STAFF_NOTE: MOFCOM is the funder but the grant proceeds from MOFCOM were disbursed through a CDB account that was established with a host country bank.