Cote d'Ivoire's PM hails China's economic support
ABIDJAN, Jan. 4 (Xinhua) — Cote d'Ivoire's Prime Minister Daniel Kablan Duncan on Friday justified his country's preference for China for post-conflict economic reconstruction projects.
"Chinese groups offer us more advantageous conditions," Kablan Duncan said when interviewed by a French journalist on the choice of China to implement several socioeconomic projects in Cote d'Ivoire.
For example, he said, "for the construction of Soubre hydro- electric power station, China Eximbank gave us a loan whose repayment period is 25 years at an interest rate of 2 percent to 3 percent and a grace period of four years."
Photo courtesy: en.wikipedia.org