CNPC Finances Construction of 4-star Hotel Complex in Niger

Funder	China (People's Republic of)
Recipient Organization	Niger
Country	Niger
Start Date	Oct 11, 2013
End Date	Apr 07, 2027
Duration	4,926 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`58466`

Grant Description

In 2013, Soluxe International, a subsidiary of the China National Petroleum Company (CNPC), provided 19 billion CFA francs and built a 4-star hotel complex in Niamey, Niger overlooking the Niger River. It is unclear whether this was financed through a grant or a loan. 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.