Chinese Government provides $3.9 million grant for Ivato International Conference Center (CCI) Road Access Project

On November 22, 2007, the High Constitutional Court of Madagascar authorized the ratification of an RMB 385,000,000 government concessional loan (GCL) agreement with China Eximbank for the Five Star Hotel, Ivato International Conference Center, and Luxury Villas Construction Project (see Project ID#19609). The Ivato International Conference Center officially handed over to the Malagasy authorities on June 19, 2008 and an opening ceremony was organized on September 2, 2008. Then, on June 1, 2009, the Chinese Government signed a $3,921,827 grant agreement with the Government of Madagascar for the Ivato International Conference Center (CCI) Road Access Project. This project involved the development of an access road leading up to the Ivato International Conference Center. The project officially commenced on March 1, 2009 and ended on July 31, 2010. The French project title is aménagement d'une route menant au Centre de Conférence Internationale d'Ivato (CCI).

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