Papua New Guinea's (hereinafter referred to as PNG) Digital TV Transformation Project financed by China Eximbank was launched recently.
The project is the first of its kind supported by China Eximbank in the South Pacific, and is expected to enrich the cultural life of PNG's people and help the country step toward the digital era of broadcast TV.
At present, TV signal in PNG has been transmitted through analog signaling with limited signal strength and coverage, which no longer matches PNG's economic development progress and cultural needs of its people.
The project will fully upgrade PNG's existing analog signal TV system, and transform it into an "end-to-end" digital TV system covering its major cities in 10 provinces with a full-link system that starts from program production and ends with user viewing. It will provide high-quality digital TV services for local people, consolidate the foundation of digital information construction in PNG, and accelerate the pace of modernization and application of digital technology.
China Eximbank has supported a number of key projects in the fields of transportation, communication and electric power in PNG, and has played an important role in promoting economic cooperation and trade between the two countries and contributing to China-PNG friendly relations.
Going forward, China Eximbank will continue to promote complementarity between the Belt and Road Initiative with PNG's development strategies including the PNG Vision 2050, PNG Development Strategic Plan 2010-2030 and Connecting PNG to achieve mutually-beneficial and win-win results.