CGGC builds four wells in Malabo (Linked to Record ID#72034)

$700K USD

Funder	China Gezhouba Group Company Ltd. (CGGC)
Recipient Organization	Equatorial Guinea
Country	Equatorial Guinea
Start Date	Jan 01, 2009
End Date	Mar 13, 2033
Duration	8,837 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`63242`

Grant Description

In December 2009, China Gezhouba Group Company Ltd. (CGGC) donated four wells in residential and commercial areas of Malabo. CGGC built and equipped the four wells. A completion ceremony for the wells was held on April 5, 2010. According to MOFCOM, the four wells were worth $700,000. According to SASAC, CGGC donated a fifth well in 2011.

No information about its monetary value has been identified. That donation is captured by Record ID#72034.

📚 Sources & References

葛洲坝赤几公司向赤几首都市民捐赠四口机井
葛洲坝集团在赤几积极履行社会责任
中资企业在赤几从事公益事业、履行社会责任的情况
葛洲坝集团再次向赤道几内亚捐赠公益水井 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.