China Eximbank provides $30 million loan for Phase 1 of Dedicated Security Information System Project (linked to #30956)
Commitment amount
$ 46843053.04
Constant 2017 USD
Summary
Funding agency [Type]
Export-Import Bank of China [State-owned Policy Bank]
Recipient
Ghana
Sector
Communications (Code: 220)
Flow type
Loan
Concessional
Yes
Category
Project lifecycle
Description
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: 20 year maturity, 5 year grace period and a 2% interest rate. The final maturity date is September 21, 2027. 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 (see project #30956).
Additional details
Some Government of Ghana sources refer to this project as the “Communication System for Ghana Security” Project. The Chinese project title is 加纳国家安全通信网项目.
Number of official sources
9
Number of unofficial sources
6
Details
Cofinanced
No
Receiving agencies [Type]
Government of Ghana [Government Agency]
Implementing agencies [Type]
ZTE Corporation [State-owned Company]
Loan type
Concessional
Maturity
20 years
Interest rate
2.0%
Grace period
5 years
Grant element
53.10116182%
Gurarantee provided
No
Insurance provided
No