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Overview

CGCOC group and the Cotton and Cashew Council sign agreement for financing cashew production supplies

Commitment Year•2018Country of Activity•Cote d'IvoireDirect Recipient Country of Incorporation•Cote d'IvoireSector•Agriculture, Forestry, FishingFlow Type•Vague TBD

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Nov 3, 2018

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 companies

  • CGCOC Group Co., Ltd. (formerly CGC Overseas Construction Group Co., Ltd.)

Receiving agencies

Miscellaneous Agency Types

  • Cotton and Cashew Council of Ivory Coast

Loan description

CGCOC group and the Cotton and Cashew Council sign agreement for financing cashew production supplies

Narrative

Full Description

Project narrative

On November 3, 2018, an agreement was signed between the CGCOC group and the Cote d'Ivoire Cotton and Cashew Council (CCA) on the export directly to China of 100,000 tonnes of cashew. This agreement also covers the supply of cotton and cashew producers with fertilizers, as well as the financing of the acquisition of processing equipment by CGCOC. The value of the fertilizer supplied and the amount of financing for the acquisition of the equipment is not known.