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Overview

MOFCOM provides RMB 255 million grant for the 500 Social Housing Units Construction Project (Linked to Record ID#85711)

Commitments (Constant USD, 2023)$40,156,031
Commitment Year•2017Country of Activity•DjiboutiDirect Recipient Country of Incorporation•DjiboutiSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Nov 23, 2017

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

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The purpose of the project is to grant 255 million RMB for the 500 Social Housing Units Construction Project. More detailed location information can be found at https://www.openstreetmap.org/node/27565085

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Government of Djibouti

Implementing agencies

Private Sector

  • Nantong Construction Engineering Group Co., Ltd.

Loan description

MOFCOM provides RMB 255 million grant for the 500 Social Housing Units Construction Project (Linked to Record ID#85711)

Narrative

Full Description

Project narrative

On November 23, 2017 during the Djibouti President's official visit to Beijing, the Government of Djibouti and the Chinese Government signed an Economic and Technical Cooperation Agreement (ECTA). Under the terms of the ECTA (captured via Record ID#85711), China's Ministry of Commerce (MOFCOM) agreed to provide grant funding for (1) creating a vocational training center in the Djibouti International Free Trade Zone (DIFTZ) and (2) the construction of 500 housing units. The total monetary value of grant commitments under the ETCA is unknown. However, it is known that t least RMB 255 million was allocated towards the 500 Social Housing Units Construction Project in order to cover 100% of the commercial contract signed in June 2019 with Nantong No. 4 Construction Co., Ltd. The purpose of this project is to build 500 affordable housing units as well as related facilities in Djibouti City. The construction site covers about 34,500 square kilometers and work was scheduled to last 30 months. Project implementation has commenced, but the precise commencement date is unknown.

Staff comments

1. The Chinese project title is 500个社会保障房建项目 or 吉塔朱拉医院项目和500 or 吉布提社会保障性住房项目. The French project title is le projet des 500 logements sociaux à Djibouti. 2. No sources explicitly state that RMB 255 million from the ETCA was allocated for this project. However, foreign aid projects financed by MOFCOM use to cover 100% of the total cost of the EPC contract. Therefore, AidData codes the EPC contract as the transaction (financial commitment) amount.