Project ID: 60136

ZTE loans $300 million USD to Tanzania for unspecified telecommunication projects

Pledged amount

$ 332128569.4225465

Adjusted pledged amount

$ 332128569.4225465

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

Tanzania

Sector

Communications (Code: 220)

Flow type

Loan

Level of public liability

Central government debt

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

2014-01-01

Description

According to a discussion paper from Stellenbosch University (p. 22), sometime between 2013 and 2015, the Chinese telecom company ZTE pledged to loan $300 million USD to Tanzania for unspecified telecommunications projects. The loan terms and sub-projects are unknown.

Additional details

Very few reports on this loan suggest no financing deal was ever formally signed. This could possibly be an aggregate amount

Number of official sources

0

Number of total sources

2

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Government of Tanzania [Government Agency]

Loan Details

Bilateral loan