Mon, Aug 30th, 2010

China Supports Burundi Development Projects

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China last week granted two donations to Burundi totalling 6.5 million U.S. dollars to support the country’s development projects.

One donation was directed to the government’s program of constructing schools and health structures and the other one was directed to socio-economic development projects in Burundi for the next five years.

The two financial agreements were signed between Burundian Foreign Minister Augustin Nsanze and Chinese Deputy Foreign Minister Zhai Jun.

Speaking to the press after the signing ceremony, Nsanze said that the first package amounts to 4,000,000 yuan (597,015 U.S. dollars) will be used to “buy iron sheets and nails for the construction of schools and clinics.”

The second package amounts to 40,000,000 yuan (5,970,149 U.S. dollars) and will serve to support “socio-economic development projects during the next five years of the legislature.”

“We are grateful towards the government of China for this support and all the support they have been giving us for many years,” Nsanze said.

Source East African Business Week

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China Supports Burundi Development Projects