Active Development AidData Chinese Aid

China Eximbank provides RMB 21 million government concessional loan for Telecommunications Project

¥21M RMB

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Société Nationale des Telecommunications (Tunisie Télécom)
Country	Tunisia
Start Date	Apr 30, 2007
End Date	Oct 02, 2027
Duration	7,460 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`85272`

Grant Description

China Eximbank provides RMB 21 million government concessional loan for Telecommunications Project On April 30, 2007, the Export-Import Bank of China and the Société Nationale des Telecommunications (Tunisie Télécom) — a state-owned telecommunications company — signed an RMB 21 million ($3 million) government concessional loan (GCL) agreement for a Telecommunications Project.

The Government of Tunisia issued a sovereign guarantee in support of the loan.

📋 Loan / Grant Terms

💰 Loan Amountinclude a 19

📅 Maturity19.6666 years

💹 Interest Rate2%

The proceeds of this loan were almost certainly used by the borrower (Tunisie Télécom) to purchase equipment and/or services from a Chinese telecommunications provider (such as Huawei or ZTE). However, no project implementation details could be identified.

📋 Staff Comments

1. The estimated borrowing terms of the loan are drawn from the World Bank's Debtor Reporting System (DRS). See https://www.dropbox.com/s/2sw4f7gluxa52fk/DRS%20Official%20Commitments%20from%20China%20Through%202021.xlsx?dl=0 and https://www.dropbox.com/s/ab8qt4n6jijcbhd/IDS_Average%20interest%20on%20new%20external%20debt%20commitments.xlsx?dl=0 and https://www.dropbox.com/s/949n5rctiue6d7c/IDS_Average_grace_period_and_maturity_on_new_external_debt_commitments.xlsx?dl=0

📚 Sources & References

Rapport sur la Dette Publique Annee 2007
REPUBLIQUE TUNISIENNE MINISTERE DES FINANCES
Chinese Loans to Africa Database
Document De Reference
Document de référence de Tunisie Telecom
DRS Official Commitments from China Through 2021
IDS_Average interest on new external debt commitments
IDS_Average_grace_period_and_maturity_on_new_external_debt_commitments 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.