Chinese Government pledges loan to Equatorial Guinea for public works and human resource projects

Funder	China (People's Republic of)
Recipient Organization	Equatorial Guinea
Country	Equatorial Guinea
Start Date	Jun 01, 2012
End Date	Feb 28, 2031
Duration	6,846 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`30535`

Grant Description

China pledges loan to Equatorial Guinea for public works and human resource projects On December 19, 2012, the Chinese Ambassador to Equatorial Guinea, Wang Shixiong informed Equatorial Guinean Minister of Public Works and Infrastructures, Juan Nko Mbula, that China had agreed to fund a loan that Equatorial Guinea's Executive had requested.

The loan was requested during the Forum on China-Africa Cooperation, for the construction of public works and human resources training. The status and amount of loan are unclear. 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.