Project ID: 35117

China pledges 100 million USD to Pakistan for digitally switched lines

Pledged amount

$ 251453776.7413309

Adjusted pledged amount

$ 251453776.7413309

Constant 2021 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Summary

Funding agency [Type]

ZTE Corporation [State-owned Company]

Recipient

Pakistan

Sector

Communications (Code: 220)

Flow type

Loan

Level of public liability

Other public sector debt

Infrastructure

Yes

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2001-05-11

Description

On May 11, 2001, Pakistan and China signed an MoU, whereby China would provide supplier's credit of 100 million USD for the manufacture and associated installation of digitally switched lines for Pakistan Telecommunication Corporation Limited. The MoU on economic and technological cooperation between the two nations came in the context of bilateral, formal talk on strengthening Pakistan-Chinese cooperation in various fields.

Number of official sources

0

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Pakistan Telecommunication Corporation Limited [State-owned Company]

Implementing agencies [Type]

Pakistan Telecommunication Corporation Limited [State-owned Company]

Loan Details

Bilateral loan

Investment project loan

Supplier's credit/Export seller's credit