Chinese Government provides SCR 25 million grant for Forêt Noire Housing Project
Commitment amount
$ 2137470.437063781
Adjusted commitment amount
$ 2137470.44
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Seychelles
Sector
Other social infrastructure and services (Code: 160)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
According to the 2018 Public Sector Investment Programme (PSIP) of the Government of Seychelles, the Chinese Government committed SCR 25,000,000 of grant funding for the Forêt Housing Project in 2017 or 2018. This project involves the redevelopment of the 12-unit Forêt Noire housing complex into a 25-unit affordable housing estate within Port Glaud district. In February 2018, the Seychellois National Tender Board posted the project and a company called Allied Builders won the bid (at a cost of SCR 26,989,246.33). Construction start and end dates are unknown.
Additional details
This project may be related to the Kan Gard Housing Redevelopment Project (captured in Project ID#55626) because Allied Builders won the bid for both projects and the description of the Kan Gard Housing Redevelopment Project says it may be co-financed by an additional grant. This issue merits further investigation. Also, it is not entirely clear if the 2018 PSIP source is reviewing the previous fiscal year or setting projections for the next fiscal year. For the purposes of this project record, AidData assumes that the 2018 PSIP source was created at the end of the fiscal year 2017 (explained by the "revised budget 2017" column) and the figures after that column represent how the Government of Seychelles intended to spend the money in the future (during fiscal year 2018). Since fiscal years often do not align with calendar years, and the grant funding from the Chinese Government is classified as ‘new’, it is unclear if the funds were awarded in the calendar year 2017 or calendar year 2018.
Number of official sources
5
Number of total sources
5
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Seychelles [Government Agency]
Implementing agencies [Type]
Allied Builders (Seychelles) [Private Sector]
Government of Seychelles [Government Agency]