15 Steadfast for East Africa: Powering Energy Dreams …
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684 ha/year), and US$137,600,000 including physical and price contingencies and extension services. The water supply for domestic and
industrial purposes component is an additional $7,560,000 (Fig. 15.1).
The mechanisms of the projects are that the Chinese government will
hand a Chinese state-owned corporation, local government authority and
local corporation a project after a bilateral government Memorandum
of understanding has been signed. The role of the Chinese state-owned
corporation, local government authority and/or local corporation is to
prepare the project to be investor-ready and bankable. The understanding is when this Chinese state-owned corporation, local government
authority and/or local corporation undertakes to finance the initial work
which would include but is not limited to a feasibility study, hydrological and pre-construction studies; the Chinese government will facilitate
the project finance from its national coffers (mostly through the EXIM
Bank).
Fig. 15.1 Expected county intensity coverage by the High Grand Falls multipurpose dam project (HGF)