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Bank of China provides 44.9 billion CFA franc credit line for Phase 1 of Intelligent Urban Video Surveillance System Expansion Project (Linked to Record ID#85647)
| Funder | Bank of China (BOC) |
|---|---|
| Recipient Organization | Cameroon Ministry of Economy, Planning, and Regional Development (MINEPAT) |
| Country | Cameroon |
| Start Date | Jun 01, 2018 |
| End Date | Jun 14, 2032 |
| Duration | 5,127 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 85646 |
Grant Description
Bank of China provides 44.9 billion CFA franc credit line for Phase 1 of Intelligent Urban Video Surveillance System Expansion Project In June 2018, Cameroon's Minister of the Economy, Planning, and Regional Development (MINEPAT) signed a contract with the Bank of China for the extension of a 44.9 billion CFA franc credit line to finance Phase 1 of the Intelligent Urban Video Surveillance System Expansion Project.
This credit line is in addition to the $41,780,769 commercial loan agreement that the Government of Cameroon and the Bank of China signed on February 22, 2018, for Phase 1 of the Intelligent Urban Video Surveillance System Expansion Project (captured via Record ID#85647). AidData has not yet identified any drawdowns under the credit line.
Huawei Technologies Co., Ltd. is responsible for the implementation of Phase 1 of the Intelligent Urban Video Surveillance System Expansion Project.
Sources & References
- Près de 50 milliards f cfa de la Bank de Chine au Cameroun
- La Bank of China accorde une ligne de crédit de près de 50 milliards de F CFA au Cameroun
- 国际货币基金组织2018年年报
- Huawei to help Cameroon realise tech hub ambitions 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
Cameroon Ministry of Economy, Planning, and Regional Development (MINEPAT)
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