Thursday, 30 December 2010 14:57 Calvin G. Brown
ST. JOHN’S, Antigua, CMC - China’s most powerful female politician Madame Liu Yandong is scheduled to arrive here Thursday for talks with Prime Minister Baldwin Spencer and other high-ranking government officials.
She is accompanied by six ministers and vice ministers from the Chinese Government.
The visitors will pay a courtesy call on Governor General Dame Louise Lake-Tack on December 31. This will be followed by a meeting with Prime Minister Spencer and the signing of bilateral agreements which, Ambassador David Shoul said, will relate to the recently announced financing for a new airport terminal, and the donation of several computers to the Ministry of Education.
In the Throne Speech earlier this month Dame Louise reported that the Government of Antigua and Barbuda and the Government of the People’s Republic of China through the Ministry of Tourism have signed off on a preliminary schematic design on the erection of a new airport terminal for Antigua and Barbuda.
“This project will cost approximately US45 million dollars to be funded by the EXIM Bank of the People’s Republic of China. The terms of the arrangement consist of a 30 per cent interest free grant and a 70 per cent concessionary loan at 2% interest with a five-year moratorium. Construction will commence in the first half of 2011,” she said.
Madame Liu Yandong is a native of Nantong Jiangsu and a graduate of Tsinghua University. She is the highest ranking female politician in the Communist Party of China.