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- Where we work
- Pakistan Mobile Communications Limited (PMCL)
Pakistan Mobile Communications Limited (PMCL)
Pakistan
| Borrower | Pakistan Mobile Communications Limited |
| Financing Type | Private Sector & Trade Finance |
| Instrument | Private Sector Debt |
| Focus Area | Telecom |
| Approved | 14.12.2004 |
| Signed | 01.02.2005 |
| Status | Completed |
| Loan Administrator | OPEC Fund |
| Co-financiers | Local Bank Borrowing, OPIC Bckd local borr, ECA Bck borrowing , Cash flow from Ops , DEG |
| OPEC Fund Contribution (US$m) | 11.88 |
This loan forms part of a US$633m financing package and will be used to help expand Mobilink’s network capacity and cover payment of the license fee. The expanded capacity will enable Pakistan to compete more effectively in the world economy and provide increased employment opportunities in the telecommunications and related sectors.