Friday, October 12, 2018

Sierra Leone Cancels Chinese Airport Loan

CNN posted on 11 October 2018 an article titled "Sierra Leone Cancels $300 Million Airport Deal with China" by Jenni Marsh and Ben Westcott.

Sierra Leone canceled plans to build a controversial $318 million airport outside the capital of Freetown with a Chinese company and funded by Chinese loans. The newly elected government said the project, which was approved by the former government, is not economical. The cancellation probably does not portend any problem in Sierra Leone-China relations, although the previous government, which was in power from 2007 until 2018, accumulated $224 million in Chinese debt.