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Overview

China Eximbank provides $25 million for Angola Institute for International Relations Construction Project

Commitments (Constant USD, 2023)$27,095,446
Commitment Year2012Country of ActivityAngolaDirect Recipient Country of IncorporationAngolaSectorEducationFlow TypeVague TBD

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jul 12, 2012
Start (actual)
Dec 1, 2016
End (actual)
Jan 31, 2019

Geospatial footprint

Map overview

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This project involved the construction of Angola Institute for International Relations in Kilamba City. More detailed locational information can be found at https://www.openstreetmap.org/way/687217964.

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 Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Government of Angola

Implementing agencies

State-owned companies

  • China Jiangsu Construction Engineering Corporation

Loan description

China Eximbank provides $25 million for Angola Institute for International Relations Construction Project

Narrative

Full Description

Project narrative

On 12 July, 2012 and 16 July, 2012, the Chinese Government and the Government of Angola signed letters of exchange for the Angola Institute for International Relations Construction Project. Institute of International Relations gains new facilities). China Eximbank claims to have supported this project but Angola's official press agency say it was financed by a Chinese Government grant. Supplementary letters of exchange were signed on 28 March, 2014 and 9 June, 2014, increasing the total construction area to 13,883 square meters. This project involved the construction of administrative buildings, 28 classrooms, auditorium, dormitories for teachers and students, cafeteria and related structures. Each classroom can accommodate 30 students each. The construction of the Institute reportedly created more than 200 local jobs. Jiangsu Construction Engineering Group Co., Ltd. was the project implementer and China Construction Technology Group Co., Ltd. was the project manager. Construction began in December 2016. The project was officially completed and handed over to the Angolan authorities on 31 January 2019.

Staff comments

1. The Portuguese project title is Instituto Superior de Relações Internacionais (ISRI) Venâncio de Moura. The Chinese project title is 署援安哥拉国际关系学院项目. 2. This project is also referred to as the Venâncio de Moura Diplomatic Academy. 3. It is not clear if and when China Eximbank actually committed funds and whether it was in the form of a grant or loan.