Exim Bank of China considers request for loan to Mozambique

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The Export-Import Bank of China (Exim) is considering a request from Mozambique for a loan of US$156 million to accelerate the digital migration process in the country, said the Mozambican Minister for Transport and Communications.

The deadline for migration from analogue to digital in Mozambique, initially set for June 2015, was missed, and the government now plans to speed up the process, according to minister Carlos Mesquita, cited by Mozambican newspaper O País.

The minister also said Chinese company StarTimes, which has been awarded the contract, approved the disbursement of US$30 million, to be used for an order of specific digital equipment for Mozambique.

Mesquita, who traveled to Beijing to speed up this process, said that technicians from the Chinese company were already in Mozambique to study the location of the broadcast centres.

The digital migration process in Mozambique includes the installation of 18 digital television transmitters, 10 of which in the provincial capitals and eight in rural areas.

Source: Macauhub