Central+African+Republic+Infrastructure+Projects

=**China Unlikely to Increase Infrastructure Projects in Central African Republic**=

Executive Summary:
China unlikely to increase infrastructure projects in Central African Republic in the next five years. In the past five years, China has only aided Central African Republic with one notable infrastructure project that is still yet to be completed as of 2013. The project is for the construction of the Boali No.3 hydro-electric dam, which will have a 9.6 mW with a guaranteed annual output of 40 gW.

Discussion:
Central African Republic in the past five years have had only one prominent infrastructure project funded by China. In 2007 the Chinese company, Zhejiang Electric Power Construction Co., submitted a 117 million USD bid to the Central African Republic for the construction of the Boali No.3 hydro-electric dam. The installed capacity would be 9.6 mW with a guaranteed annual output of 40 gW. Feb. 2010, the two governments exchanged letters promising Chinese assistance in the dam project. In August 2010, a delegation from the Central African Republic visited Beijing and applied for a concessional loan from the Export-Import Bank of China. Finally, in July 2011 China and the Central African Republic signed an agreement for a loan worth approximately USD 24 million to complete construction on the Boali power plant. The official groundbreaking ceremony for the plant occurred on November 28, 2011. This has been China's largest aid project to the Central African Republic. However, it has still not been completed as of 2013.

** Analytic Confidence: **
Analytic confidence is medium. Source reliability ranges from medium to high. There is no conflict between sources. The analyst had low expertise on the subject, worked alone while also collaborating with a group, and did not use a structured analytic method. The subject is moderately complex and the deadline was moderately easy to meet.
 * Analyst:** RoseAnna Wright