China Development Bank loan to develop CDMA-450 mobile network, and implement FTTx fiber technology (Linked to Record ID#53952 and #40324)

China Development Bank loan to develop CDMA-450 mobile network, and implement FTTx fiber technology In 2012, China Development Bank agreed to loan Uzbekistan's Uzbek Telecom (Uzbektelecom) $107.6 million for the purpose of network expansion, developing the CDMA-450 mobile network, and implementation of FTTx fiber technology.

The funds were sent in the second quarter of 2013, with which Uzbektelecom was expected to purchase implementation technology.

These funds were also earmarked for overall network expansion and infrastructure improvements This project is Linked to Record ID#53952. 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.