China Road & Bridge Corporation tasked with the deep-water port project in Moroni worth roughly 65 billion Comoros Francs

On March 22nd, 2018, the Vice President in charge of the Ministry of Transport and Spatial Planning and the General Manager of the Chinese company China Road and Bridge Corporation (CRBC) signed a contract for the construction of a deepwater port on the current site of the port of Moroni. The project is expected to cost roughly 65 billion Comoros Francs. The site was decided upon after a feasibility study done by CRBC. (http://crfimmadagascar.org/en/infrastructure-critique-maritimepetrole-et-gaz/media-comores-port-de-moroni-plus-de-65-milliards-construction-dun-port-eau-profonde/). The project is expected to take two years for completion but no start date has been established yet (Port de Moroni : Plus de 65 milliards pour la construction d’un port en eau profonde). On March 22, 2018, a feasibility study was conducted, and the site of the current Moroni harbor is chosen for the construction of the new deep-water port. Though multiple sources indicate that Chinese funding is certainly involved, no specific details have been uncovered.

Additional details

Need to further investigate if this is a loan or grant. Loan details are placed in the loan screen but stage 2 coder is unsure where these came from. As of March 2022, no new updates has been made on this project.

Number of official sources

2

Number of total sources

6