Togo signs investment MoU with China's WIETC in health, energy and infrastructure

Public works
Saturday, 21 March 2026 18:11
Togo signs investment MoU with China's WIETC in health, energy and infrastructure

(Togo First) - Chinese engineering and public works group Weihai International Economic and Technical Cooperative Co. Ltd (WIETC) plans to invest in Togo across several strategic sectors. The company signed a memorandum of understanding with Togolese authorities earlier this week.

The agreement was signed by Arthur Trimua, minister for investment promotion and economic sovereignty, and WIETC representative Lu Xinyong. Under the agreement, the group will focus on four priority sectors: health, renewable energy, infrastructure and scientific research.

WIETC specializes in the construction of buildings, roads, airports, hydroelectric plants and water supply systems. The memorandum aims to support Togo’s economic transformation.

Financial and operational details were not disclosed.

For WIETC, the move is part of China’s foreign economic policy, particularly the Belt and Road Initiative, which seeks to expand China’s footprint through infrastructure investment in developing countries, especially in Africa.

For Togo, the partnership is part of the government’s strategy to attract foreign investment and boost its appeal to international investors.

Esaïe Edoh

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