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Togo Secures Chinese Loan for Huawei E-Government Network |
| Source: |
telecompaper.com |
| Source Date: |
Wednesday, November 17, 2010 |
| Country: |
China |
| Created: |
Nov 18, 2010 |
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Togo has secured a USD 25 million loan from China Exim bank to finance
the deployment of an e-government network, Republic of Togo reports. The
fibre, equipment and training will be provided by Huawei. The 20-year
loan carries a 2 percent interest rate and includes a 5-year grace
period. China Exim already loaned the country USD 165 million in
September 2009 to upgrade its road and telecommunications
infrastructure.
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Togo Secures Chinese Loan for Huawei E-Government Network Togo has secured a USD 25 million loan from China Exim bank to finance the deployment of an e-government network Republic of Togo reports The fibre equipment and training will be provided by Huawei The 20-year loan carries a 2 percent interest rate and includes a 5-year grace period China Exim already loaned the country USD 165 million in September 2009 to upgrade its road and telecommunications infrastructure
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