Skip to content
AidData logo

Overview

China Eximbank provides loan for 4G LTE Network Construction Project (Linked to Record ID#68366)

Commitment Year•2014Country of Activity•CambodiaDirect Recipient Country of Incorporation•CambodiaSector•CommunicationsFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2014
Start (actual)
Aug 1, 2014
End (planned)
Apr 7, 2015
End (actual)
Jul 1, 2015

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% Chinese ownership

Funding agencies

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Joint Venture/Special Purpose Vehicles

  • South East Asia Telecom (Cambodia) Co., Ltd.

Implementing agencies

State-owned companies

  • ZTE Corporation (formerly Zhongxing Telecommunication Equipment Corporation)

Loan description

China Eximbank provides loan for 4G LTE Network Construction Project

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2014, Southeast Asia Telecom (Cambodia) Co., Ltd. [东南亚电信 or 东南亚电信科技（广州）有限公司 or 杰赛东南亚通信服务（柬埔寨）有限责任公司 or SEATEL Cambodia] — a project company that is majorly owned by Zhongtai Group (or 中泰集团) — was established to finance the design, implement, and maintain a 4G LTE Network Construction Project. China Eximbank subsequently issued a loan to Southeast Asia Telecom (Cambodia) Co., Ltd. for the 4G LTE Network Construction Project. The face value and borrowing terms of the loan are unknown. The project involved the laying of approximately 5,550 km of fiber optic cable in six major cities to establish a 4G LTE network in Cambodia. ZTE Corporation was the contractor responsible for implementation. Construction began in August 2014. The project was expected to reach commercial operations on April 7, 2015; however, the 4G LTE was not official launched until July 2015.

Staff comments

1. The Chinese project title is 东南亚电信（柬埔寨）有限公司柬埔寨LTE项目 or 东南亚电信柬埔寨项目. 2. The precise loan commitment date is unknown; therefore, AidData has set the commitment year to the first year of construction (2014). 3. This project is linked to Record ID#68366, which captures a buyer's credit loan provided by China Development Bank in 2012 also for Cambodia's 4G Network Project.