Active Development AidData Chinese Aid

China Eximbank pledges EUR 16 million loan for Phase 1 of Modernization of Integrated Telecommunication System Project

$16M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	JSC Serbia Railways
Country	Serbia
Start Date	Jan 01, 2013
End Date	Aug 16, 2027
Duration	5,340 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`67016`

Grant Description

China Eximbank pledges EUR 16 million loan for Phase 1 of Modernization of Integrated Telecommunication System Project In July 2013, Huawei and Serbian Railways (Zeleznice Srbije) — a Serbian state-owned railway company — signed a framework agreement regarding Phase 1 of the Modernization of Integrated Telecommunication System Project.

The agreement outlined a project that would involve the construction of fiber-optic and copper cable networks; and the deployment of transmission and switching systems, information systems, new railway equipment, local radio networks and a radio dispatch system.

The work would be undertaken along four sections of Corridor 10 over 461 kilometers: a 119 km Belgrade railway junction section, a 96 km Belgrade (Resnik) - Lapovo Section, a 142 km Lapovo - Nis section, and a 104 km Belgrade (Batajnica) - Sid section.

The total estimated value of Phase 1 was 22 million euro ($24.6 million) and China Eximbank reportedly agreed in principle to provide an EUR 16 million loan in support of this project.

Then, on May 14, 2014, Huawei and Serbian Railways signed a commercial contract for Phase 1 of the Modernization of Integrated Telecommunication System Project.

AidData has not yet identified any evidence that a loan agreement with China Eximbank was ever finalized for this project. Nor has AidData identified any evidence that this project ever entered implementation.

📋 Staff Comments

The purpose of this pipeline project is the construction of fiber-optic and copper cable networks; and the deployment of transmission and switching systems, information systems, new railway equipment, local radio networks and a radio dispatch system. The project is scheduled to take place along four sections of Corridor 10 over 461 kilometers: a 119 km Belgrade railway junction section, a 96 km Belgrade (Resnik) - Lapovo Section, a 142 km Lapovo - Nis section, and a 104 km Belgrade (Batajnica) - Sid section.

📚 Sources & References

ZAKON: O IZMENAMA I DOPUNAMA ZAKONA O BUDŽETU REPUBLIKE SRBIJE ZA 2013. GODINU
ONGOING PROJECTS
RESTRUCTURING OF SERBIAN RAILWAYS JSC1
EPUTY PRIME MINISTER AND MINISTRY OF CONSTRUCTION
TRANSPORT AND INFRASTRUCTURE
EPUTY PRIME MINISTER AND MINISTRY OF CONSTRUCTION
TRANSPORT AND INFRASTRUCTURE
Potpisan ugovor sa kompanijom Huavei: Kinezi modernizuju srpske železnice sa 25 miliona dolara
Potpisan komercijalni ugovor za projekat Modernizacija integrisanog sistema telekomunikacija Železnica Srbije sa Huawei Technologies iz Kine, 2524-13Lat
Belgrade says China's Huawei shows interest in Serbian railways modernisation plans
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There Is a Solution to the Huawei Challenge
China's Overseas Development Finance 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

JSC Serbia Railways

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