The Chinese Embassy here is making clear that an MOU signed recently by prime minister Roosevelt Skerrit in the Asian nation was not with the Government of China.
“The Chinese Embassy in the Commonwealth of Dominica would like to clarify that the widely-reported US$300 million MOU, including the construction of a hotel, a hospital and an airport by using concessionary loans from the Chinese Government, was not signed by the Chinese Government,” the embassy told DNO via email.
It pointed out that the MOU “was solely a business activity of an enterprise.”
Earlier this month, Chinese company, ASCG, announced on its website, that Skerrit had inked the deal with its president, Xue Song, when he visited China on November 8, 2013.
According to the company, projects to be undertaken under the agreement include the “reconstruction of an international airport,” and construction of a hotel and a new hospital.
ASCG describes itself as “a large comprehensive joint-stock company centralized in general contracting of project construction and integrated in commercial investment, real estate development, hotel & tourism, S&T incubation, and workshop renting.”