The Gambian President, Adama Barrow and his Chinese counterpart, Xi Jiming have signed a $75 million grant as part of cooperation agreements between Banjul and Beijing.
President Barrow disclosed the landmarked agreement on at the Banjul International Airport upon returned from China on Tuesday, after a week-long state visit to the country for the first time since he assumed office in January 2017.
He said the money is earmarked for construction projects in the Upper River Region(URR) of the country including the construction of a bridge on the Fatoto-Passamas crossing point east of the country over 300 km from the capital Banjul.
The Gambian leader said, he also discussed a wide-range of diplomatic relations between Banjul and Beijing, months after China refreshed ties with the West African country under the new dispensation.
China has since expressed interest in investing key sectors of the country including agriculture and infrastructure among others. The Chinese are expected to build the expedition of the cargo handling capacity of the Banjul seaport.
This Chinese government has sponsored the construction of Gambia International Conference Centre at Bijilo outside the capital Banjul, construction of which was also given to the Chinese.
Barrow was also said to have discussed investment opportunities with potential investors in China, as part of his government’s effort to restore the country’s battered economy left behind by ex-President, Yahya Jammeh.