China Eximbank provides loan for Third Stage of Cuban Telecommunications Project (Linked to Record ID#54626)

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Cuba
Country	Cuba
Start Date	Nov 22, 2004
End Date	Dec 25, 2031
Duration	9,894 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`54636`

Grant Description

China Eximbank provides loan for Third Stage of Cuban Telecommunications Project In November 2004, China Eximbank agreed to extend its 2001 credit agreement of $200 million (#54626) with the Government of Cuba to fund the third stage of a telecommunications project (Cuban Encuentro). Neither the face value nor the terms of the loan are known.

📚 Sources & References

China-Cuba: relaciones economicas
Firman Cuba y China importantes acuerdos de cooperación
Cuba y China, excelentes relaciones 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.