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China Development Bank pledges financing for Livestock Agro-processing Industrial Park in Ethiopia
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Ethiopia |
| Country | Ethiopia |
| Start Date | May 11, 2015 |
| End Date | May 13, 2027 |
| Duration | 4,385 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 59656 |
Grant Description
On May 11, 2015, CGC Overseas Construction Co., Ltd. (CGCOC) signed a financing memorandum of understanding with the China Development Bank (CDB) Qinghai Branch to promote Ethiopian animal husbandry.
The MoU included cooperation on the development of animal husbandry resources in Ethiopia, investigating livestock resources and investment in Ethiopia, planning and carrying out construction ideas for agriculture and animal husbandry processing industrial parks in Ethiopia, and providing financing for park construction and corporate investment for animal husbandry projects.
The CGCOC signed this MoU along with two other MoUs with the Industrial Park Development Corporation of Ethiopia and the Ministry of Livestock and Fisheries of Ethiopia in planning for the Livestock Agro-processing Industrial Park Project in Ethiopia. The current status of the project is unclear.
Sources & References
- PARTNERSHIP FOR INVESTMENT AND GROWTH IN AFRICA (PIGA)
- 中地海外集团农牧产业园项目介绍 （埃塞俄比亚）
- 埃塞俄比亚畜牧产业园
- 集团公司与国开行青海分行签署埃塞俄比亚畜牧产业园项目合作谅解备忘录 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
Ethiopia
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