Chinese Government provides XAF 8.5 billion grant for Brazzaville Aircraft Maintenance Center Construction Project (Linked with project ID#59696)
Commitment amount
$ 16828813.522805143
Adjusted commitment amount
$ 16828813.52
Constant 2021 USD
Summary
Funding agency [Type]
Unspecified Chinese Government Institution [Government Agency]
Recipient
Congo (Brazzaville)
Sector
Education (Code: 110)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
On December 16, 2017, the Chinese Government and the Government of the Republic of Congo signed a grant agreement for the Civil Aviation Institute at Denis Sassou Nguesso University Construction Project. This project involves the construction of a civil aviation institute at the Denis Sassou Nguesso University in the town of Kintélé. The grant was worth XAF 8.5 billion. To support the grant, China Development Bank and the Congolese Sinking Fund will open an assistance account.
Additional details
1. The French project title is la construction de l’Institut de l’aviation civile de l’université Denis Sassou Nguesso or la création et la gestion de l’académie régionale de l’aviation civile, au sein de l’université Denis SASSOU NGUESSO.
Number of official sources
5
Number of total sources
6
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Republic of Congo [Government Agency]
Implementing agencies [Type]
China Development Bank (CDB) [State-owned Policy Bank]
Congo Sinking Fund [State-owned Fund]