China grants funding of US$7.5 million to Cape Verde for projects on the archipelago

23 September 2009

Praia, Cape Verde, 23 Sept – The Chinese government Tuesday in Praia announced a donation of US$7.5 million to Cape Verde to be invested in sectors to be chosen by the Cape Verdean and Chinese governments.

The agreement was signed in the Cape Verdean capital by the Chinese Foreign Affairs Minister, Zhai Jun, who is visiting the archipelago, and by the Cape Verdean secretary of state for foreign affairs, Jorge Borges.

Borges said that this was the largest governmental financial aid package of its kind signed by the two countries, noted that soon other specific agreements would be signed to define the areas that may have access to the funding.

China already has a number of projects is several areas underway, including the Poilão dam, the maternity ward and outpatients centre of Agostinho Neto Hospital, rural schools, and Beijing’s support is also outlined for construction of the country’s national stadium.

The Chinese deputy foreign affairs minister called on the Cape Verdean authorities to drive countries from both countries to look at new methods of cooperation, particularly in the fisheries, infrastructure and telecommunications sectors.

The Chinese deputy minister has been in cape Verde since Monday, as part of an African tour which took him o South Africa, Lesotho and Guinea Bissau, and which will end Thursday in Mauritania. (macauhub)