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China funds Uganda`s fibre PDF Print E-mail

 

The Ugandan government has secured a loan from China to build a fibre optic national backbone. The Ugandan government is implementing a 2 500km national data transmission backbone, in a bid to bring ICT infrastructure to the East African country.

The government has secured a $106 million concessional loan, with a 2% interest rate payable over 20 years, with a grace period of five years, from the Chinese government.

This loan comes as result of a state visit by Chinese prime minister Hu Jintao, who came to Uganda last year in May, while on his African tour.

This is according to Edward Baliddawa, chairman of the newly-formed Parliamentary ICT committee overseeing the fibre optic backbone implementation.

 

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