Active Mixed AidData Chinese Aid

Bank of China (Hungary Branch) contributes to syndicated buyer's credit loan to Telekom Srbija for Phase 3 of Fixed Network ALL-IP Modernization Project (Linked to Record ID#108878)

Funder	Bank of China (BOC)
Recipient Organization	Telekom Srbija
Country	Serbia
Start Date	Oct 17, 2023
End Date	Feb 05, 2032
Duration	3,033 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`108870`

Grant Description

China Eximbank and BoC contributions to syndicated BCL for Phase 3 of Fixed Network ALL-IP Modernization Project in Serbia 2023 On October 17, 2023, Telekom Srbija (Telekom Srbija a.d.

Beograd) — a Serbian state-owned telecommunications company headquartered in Belgrade — and Huawei Technologies Co., Ltd. signed a commercial contract for Phase 3 of the Fixed Network ALL-IP Modernization Project.

On the same day, Telekom Srbija signed a buyer's credit loan agreement with the Hungary Branch of Bank of China and China Eximbank for Phase 3 of the project.

📋 Loan / Grant Terms

💰 Loan Amountare unknown

📋 Staff Comments

This project is also known as Phase 3 of the Telekom Srbija Landline Network Modernization Project. The Chinese project title is 塞尔维亚电信ALL-IP固网现代化三期项目. The Serbian project title is treće faze modernizacije fiksne mreže Telekom Srbija.
In 2017, China Eximbank and the Hungary Branch of Bank of China financed Phase 2 of the Fixed Network ALL-IP Modernization Project (captured via Record ID#67014 and #100775).
More research is needed to identify the face value and borrowing terms of the loan.

📚 Sources & References

List of Practical Cooperation Deliverables of the Third Belt and Road Forum for International Cooperation
中国银行十三项成果纳入第三届“一带一路”国际合作高峰论坛成果清单
第三届“一带一路”国际合作高峰论坛务实合作项目清单（附件二全文）
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