📋 Tender Overview
Equatorial Guinea and the Chinese company International Corporation for Construction and Cooperation (ICCC), specialized in urban macroprojects and public infrastructure, advance in the negotiations that could lead to the signing of a collaboration contract focused on the integral design of the administrative city of La Paz, in Djibloho.
The meeting on Tuesday, September 2, gives continuity to the dialogue initiated last April in China, during the vice presidents work tour, in which ICCC was presented as one of the firms interested in investing in Equatorial Guinea.
In that first meeting, the company presented its interest in contributing to the countrys modernization process through large -scale projects.
In this new work session, ICCC has presented Nguema Obiang Mangue and present an urban plan that includes the planning of modern residential areas, leisure centers, green spaces, road networks and progressive execution phases, as well as a project of financial and technical management of the project. The project seeks to provide the peace of last generation infrastructure that reinforce its role as administrative capital and national development engine.
The vice president for his part has stood out during the meeting, that the governments purpose with this city model is that this area of the country is a reference of modern urbanism in central Africa, so improvisations should be avoided, planning in an orderly manner and responding to the real needs of the population. Therefore, it has instructed ICCC to coordinate with the Treasury, Treasury and Geprouls to review and negotiate the amounts budgeted by the company, estimated at 1,495 million dollars. Once the financial negotiations have been completed, the contract will be signed, which will allow the phase of technical and constructive designs under the guidelines of the Government.
Text and photos: Press and Image Cabinet of the Vice Presidency of the Republic
Equatorial Guinea Information and Press
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