Chinese Government signs six accords including ETCA committing RMB 100 million for construction of Yabassi Technical High School (Linked to Record ID#59249, #30146, #30248)

On June 11, 2013, the People's Republic of China reached six agreements with the Government of Cameroon to put at the disposal of the latter over FCFA 22 billion to accelerate socio-economic development projects in different sectors of the economy.

These include two interest-free loans committed to via ETCA agreements- one to the tune of 100 million Yuans (about FCFA 8 billion) (ID #30246) and the other 70 million Yuans (about 5.7 billion) (ID #30248) to boost development in yet-to-be identified sectors.

Also on June 11, 2013, the People's Republic of China committed to providing 100 million Yuans (about FCFA 8 billion) via Economic and Technical Cooperation Agreement (ETCA) to complete construction works on the Yabassi Technical High School (see Record ID#30166). This eventually materialized as an RMB 3 million grant (see linked Record ID#59249).

Finally, there was also a 4.5 million Yuan (about FCFA 361.6 million) material gift to encourage reforms engaged in view of conserving biodiversity and the sustainable management of natural resources in the country. The last two accords concerned feasibility studies in view of refurbishing the Yaounde Conference Centre.