Project ID: 62978

China Eximbank provides loan to build 13,500-line exchanges in twelve Myanmar towns in 2002

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Myanmar

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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2002-01-01

Actual complete

2002-03-20

Description

In 2002, China Eximbank reportedly provided a loan to Myanmar Posts and Telecommunication (MPT) — a state-owned enterprise in Myanmar — for a project to build 13,500-line-capacity digital auto-telephone exchange in 12 towns. The face value and borrowing terms of the loan are unknown. The proceeds of the loan were to be used by MPT to finance a $6.5 million commercial contract with China National Electronics Import and Export Shenzhen Company (CEIEC). This project was completed on March 20, 2002.

Additional details

1. The China Eximbank loan that supported this project is not included in the Overseas Development Finance Dataset that Boston University’s Global Development Policy Center published in December 2020.

Number of official sources

0

Number of total sources

5

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Myanmar Posts and Telecommunications [State-owned Company]

Implementing agencies [Type]

China National Electronics Import & Export Corporation (CEIEC) [State-owned Company]

Loan Details

Bilateral loan

Investment project loan