Active Development AidData Chinese Aid

China Eximbank provides RMB 340 million government concessional loan for Rehabilitation of Government Communication Networks Project

¥340M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Democratic Republic of Congo
Country	Democratic Republic of the Congo
Start Date	Oct 14, 2011
End Date	Jun 15, 2027
Duration	5,723 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`58805`

Grant Description

China Eximbank provides RMB 340 million government concessional loan for Rehabilitation of Government Communication Networks Project On October 14, 2011, China Eximbank and the Government of the Democratic Republic of Congo signed an RMB 340,000,000 government concessional loan (GCL) agreement [CHINA EXIMBANK GCL n° 6 (2010) TOTAL n° (303)] for the Rehabilitation of Government Communication Networks Project.

📋 Loan / Grant Terms

📅 Maturity20 years

⏳ Grace Period5 years

💹 Interest Rate1%

According to Government of the DRC's Aid Management Platform (AMP), the USD commitment value of the loan was $54,175,090.53 and final disbursements through the loan amounted to $55,649,825.83.

The proceeds from the GCL were used to pay Huawei for its work on contract #0001800904020A, that was signed between Huawei and l’Agence Nationale des Renseignements on April 22, 2009.

Huawei Technologies was the contractor responsible for implementation of the Rehabilitation of Government Communication Networks Project.

📋 Staff Comments

This project is also known as the Government Internal Telecom Network Project. The French project title is Réseau gouvernemental en RDC or Contrat de Fourniture pour le Projet du réseau public.
In the database of Chinese loan commitments that SAIS-CARI released in July 2020, it does not record the borrowing terms of this loan. AidData records the borrowing terms that are reported in 2013 Public Debt Audit published by the Government of the Democratic Republic of Congo (20-year maturity, 5-year grace period, 1% interest rate, and a 0.75% commitment fee).

📚 Sources & References

对外投资合作国别（地区）指南刚果民主共和国
Djibouti : coup d'envoi d'un projet d'adduction d'eau potable entre Djibouti et l'Ethiopie (PAPIER GENERA)
PNUD BROCHURE AUDIT DCDP.pdf
Réseau gouvernemental en RDC.pdf
Journal Officiel
AMP (China Only) From 28 March 2018
Journal Officiel - Banque des Données Juridiques - 2013 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 Democratic Republic of Congo

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