Chinese Government provides $2,381,488 grant for Phase 1 of Ivato International Conference Center (CCI) Technical Cooperation Project (linked to #58424)
Commitment amount
$ 3577018.905845838
Adjusted commitment amount
$ 3577018.91
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Madagascar
Sector
Other social infrastructure and services (Code: 160)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
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 grant agreement with the Government of Madagascar for Phase 1 of the Ivato International Conference Center (CCI) Technical Cooperation Project. According to the Government of Madagascar’s Aid Management Platform (AMP), the Chinese Government provided $2,381,488 of grant funding to this project. Phase 1 involved the training of Malagasy technicians to maintain the Ivato International Conference Center and the provision of spare parts. The project officially commenced on March 1, 2009 and ended on December 31, 2012. It is linked to #58424, $1,616,970 million of grant funding for Phases 4 and 5 of the project.
Additional details
The French project title is Coopération Technique au au Centre de Conférence Internationale d'Ivato (CCI). #58422 is said to be of 268 million MGA grant for the phase 3 of this project planned to be distributed in 2019, 2020 and 2021, but #58424 is the grant for phase 4 and 5 and the agreement was made in 2016.
Number of official sources
1
Number of total sources
1
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Madagascar [Government Agency]