China Eximbank pledges $22.8 million loan for restructuring of Tajik Telecom
Pledged amount
$ 46328439.143852845
Adjusted pledged amount
$ 46328439.143852845
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]
Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]
Recipient
Tajikistan
Sector
Communications (Code: 220)
Flow type
Loan
Level of public liability
Central government debt
Infrastructure
No
Category
Project lifecycle
Description
On October 19, 2006, Export-Import Bank of China pledged to loan $22.8 million USD for restructuring Tajik Telecom (also known as Tajiktelecom), Tajikistan’s national telecommunication operator. A new joint-stock company was to be established on the basis of this enterprise, and foreign legal and physical entities would have the right to purchase its shares. The total cost of the project was $27 million USD, according to a Tajik official.
Additional details
Tajik Telecom is now known as OJSC "Tajiktelecom," which may indicate this project was completed. However, it is unclear if Chinese financing was ever disbursed.
Number of official sources
0
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Tajikistan [Government Agency]
Implementing agencies [Type]
Tajiktelecom [State-owned Company]