Chinese Government provides $10 million grant for Agricultural Technology Demonstration Center Construction Project

On 31 October 2012, the Government of Angola and the Chinese Government signed a protocol agreement for the Agricultural Technology Demonstration Center Construction Project. According to this agreement, after the project is completed, the two parties will carry out a three-year agricultural technology cooperation program and establish a commercial agricultural production enterprise. Some of the proceeds from the commercial agricultural production enterprise will be used to finance the maintenance and management of the project. On 17 October 2016, the Chinese Government and the Government Angola signed an implementation agreement for this project. At the signing ceremony, the Chinese Government reportedly committed $10 million of grant funding for the project. The $10 million yuan is part of a $100 million yuan agreement (project ID#65071), which was signed under the framework of strengthening existing cooperation relations between China and Angola. The agreement was signed in Luanda by the Director of the exchange office of the Ministry of Agriculture, Olinda Graciete dos Santos Sobrinho, and the economic and business adviser to the Chinese Embassy in Angola, Li Yongjun. Xinjiang Production and Construction Corps. was the contractor responsible for implementation. The demonstration center was built at the Agronomic Research Institute in the Icolo and Bengo municipality within Luanda Province. Construction began on 7 December 2016, and it was expected to be completed within two years. However, according to the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries website and a Chinese Embassy announcement, the project was officially completed and handed over to the Angolan authorities on 25 January 2019.

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8

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11