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China Eximbank pledges 410 million RMB loan for Independent Secured Mobile Network Project in Tanzania
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Tanzania Ministry of Finance and Planning |
| Country | Tanzania |
| Start Date | Nov 21, 2011 |
| End Date | Jul 24, 2033 |
| Duration | 7,916 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 1924 |
Grant Description
China Eximbank pledges 410 million RMB loan for Independent Secured Mobile Network Project in Tanzania On November 21, 2011, the Chinese Government and the Government of Tanzania signed 3 framework agreements at the Hyatt Regency Kilimanjaro Hotel.
One of these agreements was a concessional loan framework agreement for 410 million RMB ($64 million USD) with China Eximbank to support the Independent Secured Mobile Network Project under the Chinese Ministry of Defence and National Service.
The agreement was signed by China's Vice Minister of Commerce Jiang Yaoping and Tanzania's Finance Minister Mustafa Mkulo. The purpose of the project was to provide safe and reliable communications between the defence forces in Tanzania.
The project sought to provide the following benefits: lower communication costs within the defence forces across the country; a modern and secured communication network for the defence forces; and the quick access and sharing of available defence information.
Beijing’s direct involvement in the establishment of a secured communication network for the the Tanzania People's Defence Force (TPDF) provoked a great deal of speculation within Western diplomatic community in Dar Es Salaam. It is unclear if this project ever resulted in a loan agreement after the framework agreement was signed.
Sources & References
- Brazil, the BRICS and the International Agenda
- STATEMENT BY HON. MUSTAFA HAIDI MKULO (MP)
- MINISTER FOR FINANCE OF THE UNITED REPUBLIC OF TANZANIA
- AT THE SIGNING OF THREE FRAMEWORK AGREEMENTS AND EXCHANGE OF LETTERS BETWEEN THE GOVERNMENT OF THE UNITED REPUBLIC OF TANZANIA AND THE GOVERNMENT OF THE PEOPLE’S REPUBLIC OF CHINA ON 21ST NOVEMBER 2011 AT THE HYATT REGENCY KILIMANJARO HOTEL
- China's growing role as a security actor in Africa, http://global.factiva.com/aa/?ref=XNHA000020111121e7bl002v1&pp=1&fcpil=en&napc=S&sa_from=
- TANZANIA-CHINA ALL-WEATHER FRIENDSHIP FROM SOCIALISM TO GLOBALIZATION: A CASE OF RELATIVE DECLINE
- China provides loans, grant worth 95 mln USD to Tanzania Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Tanzania Ministry of Finance and Planning
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