Chinese Government provides grant National Stadium Access Road Construction Project (Linked to Project ID#21687, #56498, #56508, #72794)
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Cabo Verde
Sector
Transport and storage (Code: 210)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
In 2014, the Chinese Government and the Government of Cape Verde signed a financing agreement for the National Stadium Access Road Construction Project. This project involved the construction a 1.52 km access road (or service road) to the National Stadium (Estádio Nacional de Cabo Verde or 中国援建的佛得角国家体育场) in Praia. This road connects the stadium to the Praia City Ring Road (Anel Rodoviário da Cidade da Praia or Circular da Praia). The project also involved the construction of a set of parking lots, draining culverts, and street lights at or near the site of the National Stadium. China Railway 14th Bureau Group Co., Ltd. (中铁十四局集团有限公) was the contractor responsible for implementation. Construction began on December 15, 2014 and was originally scheduled for completion in June 2015. The project passed a quality inspection in late June 2015 and was officially handed over to the Government of Cape Verde on August 31, 2015.
Additional details
The Chinese project title is 佛得角国家体育场场外连接道路项目. The Portuguese project title is Construção de uma estrada de Acesso or troço de ligação, por estrada, ao anel rodoviário da Cidade da Praia. According to the Government of Cape Verde, the Chinese Government provided $50 million in total via grants and interest-free loan for the construction of the National Stadium. Given that AidData has identified $20.7 million interest-free loan for Phase 1 (captured in Project ID#21687) and $15.4 million interest-free loan for Phase 2 (captured in Project ID#56498), the National Stadium Access Road Construction Project may have been supported by a $13.9 million grant. However, AidData has not yet confirmed the face value of the financial commitment for the National Stadium Access Road Construction Project. For the time being, AidData has identified this project as grant-financed.
Number of official sources
8
Number of total sources
12
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Cabo Verde [Government Agency]
Implementing agencies [Type]
China Railway 14th Bureau Group Co., Ltd. (CRCC14) [State-owned Company]