Skip to content

Overview

China Eximbank provides $30 million loan for Phase 1 of Dedicated Security Information System Project (Linked to Record ID#30956)

Commitments (Constant USD, 2023)$49,846,936
Commitment Year2007Country of ActivityGhanaDirect Recipient Country of IncorporationGhanaSectorCommunicationsFlow TypeLoan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jun 26, 2007
First repayment (originally scheduled)
Jun 24, 2012
Last repayment (originally scheduled)
Jun 21, 2027

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Government of Ghana

Implementing agencies

State-owned companies

  • ZTE Corporation (formerly Zhongxing Telecommunication Equipment Corporation)

Loan description

China Eximbank provides $30 million loan for Phase 1 of Dedicated Security Information System Project

Grace period5 yearsGrant element53.1012%Interest rate (t₀)2%Interest typeFixed Interest RateMaturity20 years

Narrative

Full Description

Project narrative

On June 26, 2007, China Eximbank and the Government of Ghana signed $30 million loan agreement to Ghana for Phase 1 of the Dedicated Security Information System Project. This loan carried the following terms: a 20 year maturity, a 5 year grace period, a 2% interest rate, a 0.5% commitment fee, and a 0.5% management fee. The final maturity date is September 21, 2027. The loan’s (principal) amount outstanding was GHS 88,310,000 ($15,769,642) as of December 31, 2020 and GHS 81,000,000 ($15,576,923) as of December 31, 2021. The purpose of this project was to strengthen the country's security and emergency aid services — including Immigration, Prisons, Fire Service, Customs, Ghana Armed Forces, Police Service, the Ministry of Defense, and the Ministry of National Security — through the establishment of a national security information system. Phase 1 of the project provided a capacity of 50,000 lines with 72 Base Transceiver Stations (BTS) and it covered the main cities, towns, border entries and exits, and main traffic arteries in six regions of southern Ghana, including Greater Accra Region, Ashanti Region, Central Region, Eastern Region, Volta Region, and Western Region. Phase 2 focused on the country’s Upper East Region, Upper West Region, Brong Ahafo Region, and Northern Region. ZTE was the contractor responsible for project implementation and it used a Global Open Trunking Architecture (GoTa)―a new-generation digital trunking technology with independent IPR—to support the Government of Ghana’s national security information system. This project was completed, but its precise date of completion is unknown. In November 2013, China Eximbank and the Government of Ghana signed $123.4 million preferential buyer’s credit for Phase 2 of Dedicated Security Information System Project (captured via Record ID#30956)

Staff comments

1. Some Government of Ghana sources refer to this project as the “Communication System for Ghana Security” Project. 2. The Chinese project title is 加纳国家安全通信网项目. 3. 2007002 is the ID assigned to the loan in the Ghanaian Auditor General Reports