China Eximbank provides RMB 400 million government concessional loan for Mpila High School and Middle School Construction Project
Commitment amount
$ 63211019.07
Constant 2017 USD
Summary
Funding agency [Type]
Export-Import Bank of China [State-owned Policy Bank]
Recipient
Congo
Sector
Education (Code: 110)
Flow type
Loan
Concessional
Yes
Category
Project lifecycle
Geography
Description
On March 29, 2013, China Eximbank and the Republic of Congo signed an RMB 400 million government concessional loan (GCL) agreement for the Mpila High School and Middle School Construction Project. This loan reportedly carried the following terms: 19-year maturity and 5-year grace period. The purpose of this project was to construction the Revolution Olilou-Gampo school complex, which is located in Ouenzé in the 5th district of Brazzaville. The complex includes two separate administrative blocks for the high school and the middle school. These blocks consist of an amphitheater with 364 seats; a library with an adjoining reading room; a multimedia center; a medical room; meeting rooms; multipurpose rooms; catering areas; 40 offices; three teachers' rooms; toilet blocks; twelve laboratory rooms equipped for languages, physics, chemistry and life and earth sciences; a 3000 seat modern gymnasium, a football field; roads; three electricity generators for the high school, college, and gymnasium; and a water well supplying four water tanks. The complex also includes seven school buildings — three for the high school and four for the middle school. The school complex can accommodate 10,000 students. Weihai International Economic & Technical Cooperative Co., Ltd (WIETC) was the contractor responsible for implementation. Construction began in 2013. A project completion ceremony took place on October 6, 2017 and the school subsequently ushered in the first batch of students.
Additional details
This project is also known as the Revolution-Gampo-Ollilou Complex Construction Project. The Chinese project title is 姆皮拉中学 or 姆皮拉学校非运会体育馆 or 刚果(布)姆皮拉学校项目. The French project title is Projet de reconstruction et de modernisation de Mpila-Ouenzé or Le complexe Révolution-Gampo-Ollilou or Construction complexe de MPILA or Lycée Moderne de la Révolution.
Number of official sources
8
Number of unofficial sources
5
Details
Cofinanced
No
Receiving agencies [Type]
Government of Republic of Congo [Government Agency]
Implementing agencies [Type]
Weihai International Economic & Technical Cooperative Co., Ltd (WIETC) [State-owned Company]
Loan type
Concessional
Maturity
19 years
Grace period
5 years
Gurarantee provided
No
Insurance provided
No