Chinese Government agrees to provide RMB 20 million grant for Ivato International Conference Center (ICC) Construction Project (Linked to Record ID#19609)

¥20M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Madagascar
Country	Madagascar
Start Date	Jan 01, 2005
End Date	Jul 27, 2026
Duration	7,877 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`72750`

Grant Description

In January 2005, the Chinese Government agreed to provide an RMB 20 million grant to the Government of Madagascar for the Ivato International Conference Center (ICC) Construction Project.

However, this grant was evidently cancelled when China Eximbank agreed to fund the ICC Construction Project (and a Five-Star Hotel and a Set of Luxury Villas) through a RMB 385,000,000 government concessional loan (see Record ID#19609).

📚 Sources & References

INVESTISSEMENT DIRECT CHINOIS A MADAGASCAR : AVANTAGES ET RISQUES 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.