Skip to content

Overview

Chinese Government provides RMB 30 million interest-free loan for Phase 1 of Campus Telephone Network Project (Linked to Record ID#65100 and Record ID#85254)

Commitments (Constant USD, 2023)$7,338,585
Commitment Year2005Country of ActivitySyrian Arab RepublicDirect Recipient Country of IncorporationSyrian Arab RepublicSectorEducationFlow TypeLoan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2005
Start (planned)
Jan 1, 2003
End (planned)
Dec 31, 2005
End (actual)
Jun 13, 2006
First repayment
Dec 30, 2014
Last repayment
Dec 27, 2024

Geospatial footprint

Map overview

Visualizes the AidData-provided feature geometry for this project.

Loading map…

This project took place on the campus of the University of Damascus in the city of Damascus. More detailed locational information can be found at https://www.openstreetmap.org/relation/4614118.

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

Government Agencies

  • China Ministry of Commerce

Receiving agencies

Government Agencies

  • Ministry of Higher Education of Syria

Implementing agencies

State-owned companies

  • ZTE Corporation (formerly Zhongxing Telecommunication Equipment Corporation)

Loan desecription

Chinese Government provides RMB 30 million interest-free loan for Phase 1 of Campus Telephone Network Project

Grace period10 yearsGrant element75.0516%Interest rate (t₀)0%Interest typeFixed Interest RateMaturity20 years

Narrative

Full Description

Project narrative

According to a dataset of foreign-financed projects that the Syrian Planning Commission (SPC) provided to UNDP Syria in May 2011, the Chinese Government provided an RMB 30 million ($4,416,000) interest-free loan (captured in Record ID#67232) and an RMB 4 million (USD 588,800) grant (captured in Record ID#65100) to the Government of Syria’s Ministry of Higher Education in 2003 for Phase 1 of the Campus Network Project. The purpose of the project was to connect the colleges and directorates of the University of Damascus via an internal telephone network and equip students with a prepaid telephone card for reaching out to their families living in the city. ZTE Corporation was the contractor responsible for implementation. The originally anticipated project implementation start date was January 1, 2003 and the originally anticipated project implementation end date was December 31, 2005. The first telephone site supported by this project was established at the end of 2005, The project was officially completed and handed over to the local authorities on June 13, 2006. The Chinese Government also financed Phase 2 of Campus Network Project (as captured in Record ID#85254).

Staff comments

This project is also known as the Campus Network Project. The Chinese project title is 校园网项目. The Arabic project title is مشروع توسعالشبكة الهاتفية or مشروع الشبكة الهاتفية التي تربط الجامعة بالمدينة الجامعية. Since loan terms for the interest-free loan are unavailable, AidData has set maturity period to 20 years by default and grace period to 10 years by default per China's Foreign Assistance White Paper (http://www.cidca.gov.cn/2018-08/06/c_129925064_3.htm) which states that the maturity period of interest-free loans is 20 years, with a drawdown period of 5 years, grace period of 5 years, and repayment over 10 years. AidData treats the drawdown period as providing 5 years of additional grace.