Chinese Government provides funding for Phase 1 of the Safe City Project (Linked to Record ID#56717)

Funder	China (People's Republic of)
Recipient Organization	Cabo Verde
Country	Cabo Verde
Start Date	Jul 05, 2016
End Date	Feb 12, 2029
Duration	4,605 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`56716`

Grant Description

During an October 2016 meeting in Macau, China’s Prime Minister Li Keqiang and the Prime Minister of Cape Verde identified a priority cooperation project called then ‘Safe City’ Project.

Then, on July 10, 2017, the Government of Cape Verde and Huawei Technologies Co. signed an agreement in which Huawei Technologies Co. to provide technical equipment in support of Phase 1 of the the Safe City Project.

The Minister of Finance of Cape Verde and the Huawei Technologies Co. also signed a cooperation agreement to provide financing for the project. The total cost of Phase 1 was $4.5 million. However, it is not entirely clear how this project was financed. 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.