Project ID: 30837

China's CITIC builds CITIC Centennial Vocational School in Angola

Summary

Funding agency [Type]

CITIC Construction Co., Ltd. (中信建设有限责任公司) [State-owned Company]

Recipient

Angola

Sector

Education (Code: 110)

Flow type

Grant

Infrastructure

Yes

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (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

Commitment

2013-01-01

Actual complete

2014-05-08

Geography

Description

On October 16, 2013, Angolan President Rose dos Santos met with Wang Jiong, the Vice Chairman of the Board of Director and General Manager of CITIC, to thank him and the CITIC group for contributing to the first phase of the Kilamba-Kiaxi Social Housing project. At the meeting, Wang Jiong thanked President dos Santos for the Angolan government's support of Chinese enterprises in Angola and promised to construct a professional training school in Angola by the end of 2013. The training center, commonly known as "BN Angola CITIC" but also as the CITIC Century (or Centennial) Angola Professional Training School (or "中信百年职业学校"), was inaugurated by Chinese Prime Minister Le Keqiang on May 8, 2014, during a two-day visit to the country. The school trains people 16-25 years of age below the poverty line in construction techniques. It offers one year's full time boarding school to 500 graduates. The CITIC training school is jointly funded by China and Angola.

Additional details

No information currently available on the financial cost of this program.

Number of official sources

2

Number of total sources

5

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Details

Cofinanced

No