Chinese Government provides RMB 80 million grant for Yabassi Agricultural College Construction Project (linked to #59249, #59001)
Commitment amount
$ 12915702.53
Constant 2017 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Cameroon
Sector
Education (Code: 110)
Flow type
Grant
Concessional
Yes
Category
Project lifecycle
Geography
Description
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 ProjectID#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 (ProjectID#58869)12 January 2011 (ProjectID#31245)25 September 2012 (ProjectID#59001)- 50 million CNY to fund the school's construction and other unspecified joint projects
Additional details
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.
Number of official sources
4
Number of unofficial sources
7
Details
Cofinanced
No
Receiving agencies [Type]
Government of Cameroon [Government Agency]
Implementing agencies [Type]
Cameroon Ministry of Secondary Education [Government Agency]; China Development Bank (CDB) [State-owned Policy Bank]