Gov’t, China to sign new dev’t agreements

KIGALI - The government will on Thursday sign six economic and technical cooperation agreements with the People’s Republic of China.The pact includes two financial agreements with the Ministry of Finance and Economic Planning.

Tuesday, August 16, 2011

KIGALI - The government will on Thursday sign six economic and technical cooperation agreements with the People’s Republic of China.

The pact includes two financial agreements with the Ministry of Finance and Economic Planning.

Speaking to The New Times yesterday, Germaine Mukasibo, the Public Relations Officer at the Ministry of Foreign Affairs, disclosed that Gao Hucheng, the  Chinese International Trade Representative and Vice Minister of Commerce, is in the country to sign on behalf of his government.

"The Chinese Minister will conduct the delivery and receipt ceremony of the Certificate for the Project of Rwanda Agriculture Technology Demonstration Centre,” she said.

Mukasibo added that one of the agreements is a Yuan 50m (approx Rwf4.6bn) grant to finance the projects agreed upon by both governments.

They will also sign an agreement to dispatch an expert group to Rwanda for a feasibility study on a road construction project in the City of Kigali, financed by the Chinese government.

An agreement to undertake the implementation of an administrative office complex project that has a total construction area of about 8,300 square metres will also be signed.

China will also provide an interest-free loan of Yuan 50m within a period of five years starting from September 1, 2011 to August 31, 2016.

The Chinese Minister will then proceed with the signature of the delivery and receipt of a certificate for the Masaka Polyclinic project.

Ends