Narrative
Full Description
Project narrative
On September 3rd, 2018, while attending the Forum on China Africa Cooperation (FOCAC), the governments of Liberia and China signed an Economic and Technical Cooperation Agreement providing a grant of USD 54 million (RMB 320 million). Record ID#88529 captures the ETCA. The project is funded entirely by a grant from the Chinese Government and the Chinese Ministry of Commerce. According to Dr. Augustine Konneh, former director of the Foreign Service Institute at the Ministry of Foreign Affairs, the USD 54 million is complementary support to the ministerial complex project which was sealed in 2015. The funding was disbursed through a joint China Development Bank account that was established with the bank of Liberia. After the initial agreement in 2018, no further implementation progress can be found in the sources provided. Record ID#55462 captures the first half of the ETCA, the Two China-Aid Overpass Bridges Project.