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China Eximbank provides $79.7 million loan for Phase 2 of the Public Security Project
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Government of Angola |
| Country | Angola |
| Start Date | Dec 17, 2021 |
| End Date | Apr 01, 2028 |
| Duration | 2,297 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 92519 |
Grant Description
China Eximbank provides $79.7 million loan for Phase 2 of the Public Security Project On December 17, 2021, China Eximbank and the Government of Angola signed a $79.7 million loan agreement for Phase 2 of the Public Security Project.
The purpose of this project is to install a network of surveillance (CCTV) cameras in Luanda and various provincial centers and establish various Public Security Integrated Centers to monitor the information that is collected through the surveillance network.
China National Electronics Import and Export Corporation (CEIEC) and Huawei Technologies Co., Ltd. are the contractors responsible for project implementation.
Staff Comments
- The Portuguese project title is Centro Integrado de Segurança Pública (CISP).
- It appears that Phase 1 of the Public Security Project, which was underway in 2020, was financed through a credit line with China Eximbank or CDB. This loan may have financed a $243 million commercial contract with CEIEC. This issue warrants further investigation.
Sources & References
- Global Medium Term Note Programme
- Centro de segurança pretende revolucionar serviços de emergência
- Inaugurado Cento Integrado de Segranca Publica em Benguela
- CEIEC deploys its CCTV expertise
- Chinese company equipping Angolan police to detect crime
- RESENHA LEGISLATIVA PUBLICADA NO MÊS DE JANEIRO DE 2017 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 Angola
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