Overview

Chinese Government pledges to fund Riverway Transformation Project for Yaounde Multipurpose Stadium (linked to Record ID#31867)

Commitment Year•2008Country of Activity•CameroonDirect Recipient Country of Incorporation•CameroonSector•Industry, Mining, ConstructionFlow Type•Grant

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Apr 3, 2008

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

Unspecified Chinese Government Institution

Receiving agencies

Government Agencies

Government of Cameroon

Implementing agencies

State-owned companies

Shanxi Construction Engineering (Group) Corporation

Loan desecription

Chinese Government pledges to fund Riverway Transformation Project for Yaounde Multipurpose Stadium (linked to Record ID#31867)

Narrative

Full Description

Project narrative

On April 3, 2008, the governments of China and Cameroon signed an agreement to help Cameroon transform for free the waterway surrounding the Yaounde's Multipurpose Stadium due to the danger of flood during rainy seasons. The agreement was signed by Chinese Ambassador, Changqing Huang, and Cameroon Minister of Sports, Edjoa Augustin. A construction contract was signed on May 5, 2009 with Shanxi Construction Engineering (Group) Corporation. The financing for the construction of the Chinese-funded Yaounde Multipurpose Stadium is captured in linked Record ID#31867).