Huawei Solomon Islands Energy Storage Base Project

4 FAQs about [Huawei Solomon Islands Energy Storage Base Project]

How will the Solomon Islands invest in Huawei?

The contract between the Solomon Islands and Huawei will be funded by the Export-Import Bank of China, which leads the country’s state investments overseas. The bank will loan almost Rmb450mn ($66mn) to the country over a 20-year period at a 1 per cent interest rate to fund the project.

Will Huawei build a mobile tower in the Solomon Islands?

The Solomon Islands has secured a $66 million loan from China to build 161 mobile towers built and supplied by Huawei. Under the terms of the deal, the island nation will receive a 20-year concessional loan from the state-linked Exim Bank of China.

Why did Australia stop Huawei building an undersea cable to Solomon Islands?

In 2018, Australia intervened to prevent China’s Huawei from building an undersea cable to Solomon Islands, citing security concerns. (Photograph: Jade Gao/AFP/Getty Images)

Is Huawei a pariah in the Solomon Islands?

In 2018, the Solomon Islands awarded a contract to Huawei to build an underwater telecom cable network. The Australian government intervened to jointly fund the cable. Since then, the Solomon Islands has switched diplomatic allegiance from Taiwan to China. Huawei, meanwhile, has become somewhat of an international pariah due to security concerns.

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