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Overview

CNPC Finances Construction of 4-star Hotel Complex in Niger

Commitments (Constant USD, 2023)$39,764,437
Commitment Year2013Country of ActivityNigerDirect Recipient Country of IncorporationNigerSectorTrade Policies And RegulationsFlow TypeVague TBD

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2013
Start (actual)
Aug 3, 2013
End (actual)
Mar 27, 2015

Geospatial footprint

Map overview

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The purpose of the project is to fund the construction of a 4-star Hotel Complex in Niger. More detailed location information can be found at https://www.openstreetmap.org/node/4246234389

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned companies

  • Soluxe International

Receiving agencies

Government Agencies

  • Government of Niger

Implementing agencies

State-owned companies

  • Soluxe International

Loan desecription

CNPC Finances Construction of 4-star Hotel Complex in Niger

Narrative

Full Description

Project narrative

In 2013, Soluxe International, a subsidiary of the China National Petroleum Company (CNPC), provided 19 billion CFA francs and built a 4-star hotel complex in Niamey, Niger overlooking the Niger River. It is unclear whether this was financed through a grant or a loan. Construction began on August 3, 2013, and was finished on March 27, 2015. Soluxe Hotel Niamey (阳光尼亚美酒店) has 73 rooms and suites, a gourmet restaurant, a bar, multipurpose meeting rooms, banquets halls, and an outdoor pool. The complex also includes apartments, a shopping center, business center, basketball courts, and other recreational facilities. The purpose of this project is to offer luxury accommodations for tourists, and (most importantly) foreign investors. The project was criticized because the land was acquired for a very cheap price ($500,000), the hotel is much smaller than initially planned (73 instead of 200 rooms) and the highly secured compound is mainly occupied by apartments for Chinese engineers and technicians (both from CNPC and other companies) working in Niger.