Overview

Chinese companies in Ethiopia raise 1.81 million birr for Renaissance Dam project

Commitments (Constant USD, 2023)$121,179

Commitment Year•2011Country of Activity•EthiopiaDirect Recipient Country of Incorporation•EthiopiaSector•EnergyFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 14, 2011

Start (actual): May 1, 2012

Geospatial footprint

Map overview

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The purpose of this project was to fund the Grand Ethiopian Renaissance Dam in Ethiopia. More detailed locational information can be found at https://www.openstreetmap.org/way/859755777

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

China Overseas Engineering Group Co., Ltd. (COVEC)

Receiving agencies

Government Agencies

Ethiopian Ministry of Finance

Loan desecription

Chinese companies in Ethiopia raise 1.81 million birr for Renaissance Dam project

Narrative

Full Description

Project narrative

On June 14, 2011, a group of unspecified Chinese enterprises active in Ethiopia officially donated 1.81 million BR to Ethiopia Ministry of Finance and Development for the Renaissance Dam project. The donation activity was initiated by the Chinese Embassy in Ethiopia's Chamber of Commerce. A speech was delivered by Sun Guoqiang, general manager of China Overseas Construction Group. It is unclear which and how many Chinese companies contributed to this donation.