Chinese Government grants 8.3 billion CFCA for National Assembly Building feasibility study via ETCA (linked to #57077, #72109)
Commitment amount
$ 16432841.439915612
Adjusted commitment amount
$ 16432841.44
Constant 2021 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Cameroon
Sector
Government and civil society (Code: 150)
Flow type
Grant
Infrastructure
No
Category
Project lifecycle
Geography
Description
On September 22, 2017, China's Ministry of Commerce signed an Economic and Technical Cooperation Agreement (ETCA) for a grant worth 8.3 billion CFCA with Cameroon's Ministry of Economy, Planning, and Regional Development to finance the feasibility studies for the construction of Cameroon's National Assembly building. The building will cover an area of 37,500 square meters and will be located in the capital of Yaoundé. A groundbreaking ceremony was held December 12, 2019. This agreement was one of 3 signed on September 22, 2017 (see linked umbrella ProjectID#57077). The Chinese Government later agreed to donate RMB 400 million for the construction of the new National Assembly Building (see linked ProjectID#72109).
Additional details
Other reports put the amount at 191 million RMB.
Number of official sources
1
Number of total sources
4
Details
Cofinanced
No
Direct receiving agencies [Type]
Cameroon Ministry of Economy, Planning, and Regional Development (MINEPAT) [Government Agency]