news
China and the Honduran government have signed an agreement to provide the Central American country with non-refundable funds worth 6.8 billion lempira (US$276 million) to renovate its educational infrastructure, local media reported.
The cooperation agreement was signed on Friday by Honduras' Foreign Minister Eduardo Enrique Reyna and Beijing's ambassador to China, Yubo, according to Forbes Centroamerica.
“In one year [diplomatic] “In our relationship with the Asian giant, we are investing in people, in children, in education, and the biggest investment is in the social infrastructure of Honduras,” Reyna said.
The agreement stipulates that the Chinese government will initially transfer 2.4 billion lempira, with the remainder to be transferred at a later stage.
“Educational infrastructure is one of President Xiomara Castro's most important projects, and the signing of this agreement is an important milestone in the modernization of Honduras, implementing the agreement of the leaders of both countries,” said Yu Bo. said. to the report.
Diplomatic relations between the two countries were established in March of last year after Honduras severed diplomatic relations with Taiwan for the first time in 82 years.
Subscribe to Latin America's leading business intelligence platform with a variety of tools for providers, contractors, carriers, government, legal, finance and insurance industries.
