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China to finance several projects in Guinea-Bissau

newly concluded Sino-Guinean agreement on economic and technical cooperation commits China to spending 6.3 million euros (about US$7.5 million) on projects in Guinea-Bissau, Lusa reports.

China will spend some of the money on scanners for the Guinean customs service, the Portuguese news agency quotes Guinean Finance Minister João Aladje Mamadú Fádia as saying.

Separately, the Chinese Embassy in Bissau issued a written statement quoting Mr Fadia as thanking China for its help, and as saying the agreement, signed on Tuesday, will boost the economic and technological development of his country.

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Source: MacauHub

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