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Huawei Secures $100 Million Solomon Islands Deal – The Age

The deal to build 161 mobile phone towers across the Solomons Islands will be financed via a loan from China’s state-owned Exim Bank, The Age reported.


The Solomons refused to permit a US Coast Guard vessel to dock for refueling this week, sparking more concern about its ties with western allies.
Solomon Islands Prime Minister Manasseh Sogavare and Chinese premier Li Keqiang attend a signing ceremony in Beijing in 2019. The PM's close ties with China is an issue of concern in the Solomons, as well as the wider Pacific region. Photo: Reuters.

 

China’s Huawei has signed a $100-million deal with the Manasseh Sogavare government to build 161 mobile phone towers on the Solomon Islands, The Age reported on Thursday, after the prime minister managed to avoid a bid to oust him via a no-confidence motion in Parliament.

The infrastructure deal will be financed through a loan from China’s state-owned Exim Bank, said the report, following a security deal between the two nations in April to protect Chinese investment, the report said. That stirred concern that Beijing is seeking to establish a military base in the Pacific islands nation, it added.

Read the full report: The Age.

 

 

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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

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