Memorandum of Understanding
This Memorandum of Understanding(MOU)is made and entered into this 8th day of sep,2012 between:
The Consortium whose principal place of business is in PRC and consisting,inter alia of
i)China International Fund Limited;
ii)China Railway Construction Corporation;
(the Consortium)of the one part, and the Government of the Republic of Sierra Leone(GOSL)
The Consortium and GOSL are sometimes referred to in this MOU individually as a “Party”and,collectively, as the “Parties”
WHEREAS
A. In furtherance of the mutual desires of the Parties to develop a strategic partnership and
cooperation to ensure that the rich potential resources of Sierra Leone benefit the people of Sierra Leone through improved welfare of the People of Sierra Leone through the provision of services and infrastructure and the strengthening of Sierra Leone’s national development through experience sharing(South-South Cooperation) particularly in the sphere of construction of core infrastructure assets;
B.To bring to the People of Sierra Leone, in the spirit of mutual respect and with a view of
transferring relevant technical, organizational and management skills necessary to bring to the
C.Republic of Sierra Leone to a higher level of development and prosperity;
D.GOSL desires assistance in sourcing,implementing or prequalifying skilled and competent
contractors and financiers for the purpose of its national development priorities award of contracts for projects specifically in the following priority areas;
1.MINISTRY OF WORKS,HOUSING AND INFRASTRUCTURE
- Remedial Roads Rehabilitation
- Development of new city
- Construction and Operation of
Ⅰ) Affordable Social Housing Infrastructure
Ⅱ) National trunk and feeder roads
Ⅲ) National railways
Ⅳ) Bridges and drainage systems at national ,regional and local levels
Ⅴ) Airports
2.MINISTRY OF ENERGY AND WATER RESOURCES:
- Construction and operation of:
Ⅰ) Thermal electric generation systems
Ⅱ) Hydro power systems & infrastructure
Ⅲ) Water supply systems & infrastructure
Ⅳ) Other renewable power generation systems
3.PETROLEUM DIRECTORATE
- Construction and operation of:
Ⅰ) Upstream oil and gas exploration and development
Ⅱ) Dowmstream refinery infrastructure and systems
Ⅲ) Logistics and services infrastructure
- Institution building
4. MINISTRY OF AGRICULTURE,FORESTRY & FOOD SECURITY
- Construction and Operation of
Ⅰ) Large scale commercial production of up to three millon hectares of rice
Ⅱ) Large scale oil palm & rubber plantations
Ⅲ) Large scale plantation of other cash crops
Ⅳ) Timber production ,processing & export
Ⅴ) National,regional and local irrigation systems
5. MINISTRY OF FISHERIES & MARINE RESOURCES
- Construction and Operation of
Ⅰ) Artisanal & industrial fisheries infrastructure systems
Ⅱ) Boat building,fish harbour & cold storage systems
Ⅲ) Processing and preservation plants and facilities
Ⅳ) International sanitary compliance facilities, systems and procedures
- Monitoring control and surveillance capacity
6. MINISTRY OF MINES & MINERAL RESOURCES
- Comprehensive geological survey of natural & mineral resources
- Construction and Operation of
Ⅰ) Diamond exchange centre
Ⅱ) Diamond cutting & polishing factory
Ⅲ) Diamond export company
Ⅳ) Gold mining and refineries
- Iron ore,limestone and other mineral development
7. MINISTRY OF TRADE AND INDUSTRY
- Importation and trading of essential
Consumer and other products such as:
Ⅰ) Rice
Ⅱ) Cooking oil and other essential condiments
Ⅲ) Cement and other essential building material products
- Construction and Operation of
Ⅰ) Light industrial zones
Ⅱ) Building and construction materials production
Ⅲ) Other labour-intensive industries
E.The consortium affirms that they are experienced international resource and infrastructure
companies with vast contacts in the sphere of developmental construction and are able and willing to share with GOSL their experience and contacts,especially contractors and