PM Daniel Kablan Duncan Welcomes Chinese Investments

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.

PM Cote d' Ivoire

Daniel Kablan Duncan is an Ivorian politician who has been Prime Minister of Côte d’Ivoire since November 2012.

"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."

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