Skip to content
AidData logo

Overview

China Eximbank provides a RMB 140 million government concessional loan for the National Transmission Trunk Line Project

Commitments (Constant USD, 2023)$34,246,729
Commitment Year•2005Country of Activity•TunisiaDirect Recipient Country of Incorporation•TunisiaSector•CommunicationsFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jun 13, 2005

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

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

State-owned companies

  • Société Nationale des Telecommunications (Tunisie Télécom)

Implementing agencies

Private Sector

  • Huawei Technologies Co., Ltd.

Guarantors

Government Agencies

  • Government of Tunisia

Loan description

China Eximbank provides a RMB 140 million government concessional loan for the National Transmission Trunk Line Project

Interest type•Unknown

Narrative

Full Description

Project narrative

On June 13, 2005, China Eximbank and Société Nationale des Telecommunications (Tunisie Télécom) — a Tunisian state-owned telecommunications company — signed an RMB 140 million government concessional loan (GCL) agreement for the National Transmission Trunk Line Project. The Government of Tunisia issued a sovereign guarantee in support of the loan. The proceeds of the loan were to be used by the borrower to finance an $18 million USD commercial contract (No. 99/2003 or 99/2003号) that Tunisie Télécom signed with Huawei Technologies Co., Ltd. on August 4, 2004. The purpose of the project was to build a national transmission trunk line with 42 stations and 12 transmission rings (loops) in Tunisia’s major cities. There is some evidence in the December 2010 individual and consolidated financial statements of Tunisie Télécom that this project was implemented. However, precise implementation start and end dates are unknown.

Staff comments

The Chinese project title is 华为公司在99/2003号国家传输干线项目 or 号国家传输干线项目 or 电信项目. In 2006, Tunisia’s telecommunication sector went through a privatization process and a 35% ownership stake in Tunisie Télécom was sold to Dubai Investment Group (DIG) and a consortium known as TECOM [previously known as EIT or Emirates International Telecommunications (Tunisia) FZ - LLC].