China Wuyi Company completes construction of the Kenya Kissel sand road

¥117M RMB

Funder	China Wuyi Co., Ltd.
Recipient Organization	Government of Kenya
Country	Kenya
Start Date	Jan 01, 2002
End Date	Nov 14, 2031
Duration	10,909 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`17537`

Grant Description

China Wuyi Company completes construction of the Kenya Kissel sand road In January of 2007, the Kenya Kissel (also likely known as the Kisii road) sand road constructed by China Wuyi Company Ltd. was handed over to the Kenyan government. The project began in October of 2002 and was completed 115 days in advance of the deadline.

The road is 53 km in length and worth roughly 117 million Yuan, funds financed by the construction company.

China's Ministry of Foreign Trade and Economic Cooperation's Foreign Aid Department reportedly pledged a guarantee of 10% of the project funds or 11.7 million CNY. Wuyi was to sign an internal construction contract with the Department of Foreign Aid. It is unclear exactly where the road is located.

📚 Sources & References

http://studio.e696.com/stock/InvestContent.aspx?stockid=000797&reviewid=8920376365600, http://218.66.59.81:81/ReadNews.asp?NewsID=20070227153107&fmty= Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.