Sessional Paper No. 06 of 1990 on Kenya Government Guarantee of a Loan to Kenya Posts and Telecommunications Corporation (KP & TC) by Export Development Corporation (Canada) for Purchase of Microwave Telephone System

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Ministry of Finance

Abstract

The Government proposes to guarantee a loan of US Dollars 23. 5 million equivalent to KE27,100,000 to be made available to Kenya Posts and Telecommunication by Canadian for the purchase, delivery and installation of microwave telephone system; plus training services in Canada. The proposed project aims in the provision of long-term financing of the supply, delivery and installation of microwave telephone system associated equipment provision of training service in Canada; and service of maintenance staff in Kenya.

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Loan Guarantee, Development Financing, Telecommunications Project, Loan Financing, Infrastructure Development

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