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

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.

Additional details

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 Project ID#68366, which captures a buyer's credit loan provided by China Development Bank in 2012 also for Cambodia's 4G Network Project.

Number of official sources

8

Number of total sources

13