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China contributes over 380 bln CFA Francs to fund projects in Senegal

Xinhua, March 18, 2016 Adjust font size:

China has contributed over 380 billion CFA Francs (about 700 million U.S. dollars) to public investment programs and projects in Senegal, Senegal's Economy and Finance Minister Amadou Ba said Thursday.

"China has contributed about 380 billion CFA Francs, making it one of top contributors to Senegal's public investment projects and programs," he said.

Ba was speaking in Dakar during the signing of a loan agreement of 20 billion CFA Francs between China Exim Bank and Senegal for the supply of materials and equipments to be used by the national fire-fighters.

"China has played and continues to play an important role in improvement of our people's living conditions, through funding of major projects in road infrastructure, energy and telecommunications," the minister said.

Ba equally highlighted the dynamism and diversity of cooperation between China and Senegal.

The minister expressed "the deep acknowledgement" of the Senegalese people for the innumerable achievements obtained under Sino-Senegal cooperation. Enditem