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Active Development AidData Chinese Aid

MOU with China National Machinery Engineering Co., Ltd. for feasibility studies for construction of street lamps in Mbini Industrial City


Funder China National Machinery Industry Corporation (Sinomach)
Recipient Organization Government of Equatorial Guinea
Country Equatorial Guinea
Start Date Apr 30, 2015
End Date Oct 03, 2031
Duration 6,000 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 52987
Grant Description

During a historic visit to China the Government of Equatorial Guinea, represented by the Ministry of Mines, Industry and Energy, has announced the signing of multiple memoranda of understanding on April 30, 2015 with Chinese companies covering large areas of cooperation in the electricity and industrial sectors.

The agreements were made during the Equatorial Guinea-Asia Economic Forum, hosted by the Government of Equatorial Guinea at the Shangri-La Hotel, in Dalian.

The economic forum was organized in Dalian to introduce investment opportunities in Equatorial Guinea to Chinese companies.

On April 30, 2015, the Government of Equatorial Guinea signed a Memorandum of Understanding (MOU) agreement with China National Machinery Engineering Co., Ltd. to carry out technical and financial feasibility studies for the construction of street lamps and related public lighting infrastructure in Mbini Industrial City.

Other memoranda of understanding signed on April 30, 2015 include: #52982- MOU with China Dalian International Cooperation Group for feasibility study of Mbini Industrial Zone #52983- MOU for planning and development of the Petroleum Industrial City of Luba with China State Construction Engineering Corporation #52984- MOU with SinoHydro for feasibility study on the construction of a hydroelectric power plant on the Wele River #52985- MOU with China National Machinery Engineering Co., Ltd. for technical studies for the construction of an interconnected grid in CEMAC region #52986- MOU with China National Machinery Engineering Co., Ltd. for technical and financial feasibility studies for the construction of a combined cycle 100 MW power plant in Kogo

📚 Sources & References
  • 赤几与多家中资企业签署合作谅解备忘录
  • Equatorial Guinea with a number of Chinese companies signed a Memorandum of Understanding
  • Equatorial Guinea Scores Multiple Investment Agreements With Chinese Companies at Economic Forum in Dalian
  • Bringing Industry to Mbini 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.
All Grantees

Government of Equatorial Guinea

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