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China Eximbank provides RMB 300 million government concessional loan for Phase 2 of Lao Telecom Project (Linked to Record ID#47015, #64093)
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Laos |
| Country | Lao People's Democratic Republic |
| Start Date | Feb 01, 2002 |
| End Date | Dec 31, 2033 |
| Duration | 11,656 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 64091 |
Grant Description
China Eximbank provides RMB 300 million government concessional loan for Phase 2 of Lao Telecom Project In February 2002, China Eximbank and the Government of Laos signed an RMB 300 million government concessional loan (GCL) agreement for Phase 2 of the Lao Telecom Project.
The borrower was expected to use the proceeds from the GCL to finance a commercial contract with Alcatel-Lucent Shanghai Bell Co., Ltd., which was signed in January 2002.
The purpose of the Lao Telecom Project was to upgrade the mobile and fixed telephone network of the government-owned Lao Telecommunications Public Company (Lao Telecom or LTC).
Phase 2 most consisted of program-controlled switch supply and installation and microwave transmission debugging activities. Alcatel-Lucent Shanghai Bell Co., Ltd. was the EPC contractor responsible for implementation.
Phase 2 was completed and handed over to the local authorities prior to March 28, 2005, but its precise implementation start and end dates are unknown.
Staff Comments
- The Chinese project title is 民币的老挝电信第二期扩容工 or 上海贝尔公司老挝电信网二期扩容工程 or 上海贝尔公司老挝全国电信网络改造项目 or 老挝电信公司（LTC）的GSM网项目.
- The China Eximbank loan that supported this project is not included in the Overseas Development Finance Dataset that Boston University’s Global Development Policy Center published in December 2020.
- LTC became a Lao-Thai joint venture in 1996, with the Lao Government holding a 51% ownership stake and Thaicom holding a 49% ownership stake.
- China Eximbank also financed Phase 1 of the Lao Telecom Project (as captured via Project ID#47015) and Phase 3 of the Lao Telecom Project (as captured via Project ID#64093).
Sources & References
- 上海贝尔赢得老挝GSM网合同
- 近年来，老挝经济持续快速发展
- Essential Reading
- China's Overseas Development Finance
- 中资公司参与工程承包简介
- 老挝工程承包市场浅析（二）
- 推开老挝商机之门——与老挝驻华大使馆商务参赞本联对话 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 Laos
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