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Overview

Yunnan Construction and Investment Holding Group Co., Ltd provides RMB 300,000 grant for House of Leisure Construction Project

Commitments (Constant USD, 2023)$45,645
Commitment Year•2018Country of Activity•Cote d'IvoireDirect Recipient Country of Incorporation•Cote d'IvoireSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Dec 11, 2018
End (planned)
May 11, 2019

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

  • Yunnan Construction and Investment Holding (YCIH)

Receiving agencies

Government Agencies

  • Government of Cote d'Ivoire

Implementing agencies

State-owned companies

  • Yunnan Construction and Investment Holding (YCIH)

Loan desecription

Yunnan Construction and Investment Holding Group Co., Ltd provides RMB 300,000 grant for House of Leisure Construction Project

Narrative

Full Description

Project narrative

On October 19, 2018, Yunnan Construction and Investment Holding Group Co., Ltd and the Government of Cote d'Ivoire signed an MOU regarding the House of Leisure Construction Project. Then, on December 11, 2018, the parties signed an RMB 300,000 grant agreement for the House of Leisure Construction Project. The purpose of this project is to construct a house of leisure (‘Maison des Loisirs’) in the district of Abidjan and the Municipality of Port-Bouët. Yunnan Construction and Investment Holding Group Co., Ltd was responsible for the implementation of the project. The grant agreement specifies that the project was to be executed by Yunnan Construction and Investment Holding Group Co., Ltd within 5 months of the date of the grant agreement (i.e. by May 11, 2009). However, as of December 2020, this project had not yet reached completion. It has faced major implementation delays due to the Covid-19 pandemic.

Staff comments

1. The December 11, 2018 grant agreement can be accessed in its entirety via https://www.dropbox.com/s/9fudg391lqfe2sc/Accord%20maison%20des%20loisirs.pdf?dl=0. 2. The French project title is Projet de construction de la Maison des Loisirs. 3. Mr. Siandou FOFANA (CIV’s Minister of Tourism) and Mr. Chen Ronggang (chemonggang@ycegc.com) of Yunnan Construction and Investment Holding Group Co., Ltd are the points of contact for this project. 4. The system identification number for this project in the Government of Côte d'Ivoire’s Aid Management Platform (AMP) is 1120071330043.