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China Eximbank pledges US$125 million loan for Bangladesh Television Stations Construction Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Bangladesh |
| Country | Bangladesh |
| Start Date | Nov 11, 2015 |
| End Date | Nov 14, 2026 |
| Duration | 4,021 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 52767 |
Grant Description
China Eximbank pledges US$125 million loan for Bangladesh Television Stations Construction Project On November 11, 2015, two Chinese state-owned enterprises called Aerospace Long March International Trade Company Limited (ALIT) and Radio, Film and TV Design and Research Institute (DRFT) signed a commercial agreement with Bangladesh Television (BTV), a state-owned entity, to build six television stations.
They would be constructed in Rajshahi, Rangpur, Sylhet, Barisal, Mymensingh and Khulna. China Eximbank was expected to provide a "soft" loan equal to $125 million.
Loan negotiations began in 2015 but, as of April 2022, the Bangladeshi side only indicated the negotiations are still ongoing.
On August 26, 2021, DRFT signed a cooperation agreement with Bangladesh, highlighting its commitment to designing the stations. On November 19, 2021, ALIT signed a construction contract with Bangladesh.
Sources & References
- Morning NewsFlash
- Chinese firm gets job
- Govt urges China to fast-track loan deals
- Government Approval of Participation in the FAT (Factory Acceptance Test) & Proto Assembly Test
- Government Approval of Participation in the Pre-Shipment Inspection(PSI) in CHina
- Deals worth 13bn dollars on anvil for Dhaka
- Beijing
- 广电总局设计院签署孟加拉国家电视台项目合作协议
- 航天科技集团长城公司签署孟加拉国国家电视台建设项目合同
- Funding Bangladesh's development projects on backburner as China delays loan confirmation 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
Government of Bangladesh
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