Overview

China Eximbank pledges loan for construction of new international airport in Maferinya

Commitment Year•2012Country of Activity•GuineaDirect Recipient Country of Incorporation•GuineaSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2012

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

State-owned Policy Banks

Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

Government of Guinea

Implementing agencies

State-owned companies

China Airport Construction Group Co., Ltd. (CACC)

Loan desecription

China Eximbank pledges loan for construction of new international airport in Maferinya

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2012, the China Airport Construction Corporation announced it would build a new international airport in Maferinya, about 75 km from the capital of Conakry. The airport will reportedly be financed by the Export-Import Bank of China and will be about 12 km long and 5 km wide. The current status of the project is uncertain.