Tools: Save | Print | E-mail | Most Read
WB Gives Loan of US$1.455 Bln to China in Past Year
Adjust font size:

From July 1, 2005 to June 30, 2006, the World Bank promised to give loan worth US$1.455 billion for support of 11 projects in China, the Ministry of Finance announced Thursday.


The World Bank consented to loan US$400 million to support three agricultural projects in China, US$648 million for four urban construction projects, US$300 million for two transportation projects, US$87 million to support one energy project and US$20 million for a technological assistance project.


Besides, another US$98 million worth of grant will be transferred to China thanks to the World Bank's mobilization, the Ministry of Finance said.


Since China resumed its legal seat in the World Bank in 1980, the bank has promised to offer loan totaling US$40.6 billion to China, according to the ministry.


(Xinhua News Agency July 14, 2006)

Tools: Save | Print | E-mail | Most Read

Related Stories
WB Loan for Water Supply, Sanitation Projects
WB to Lend China US$1.5 Bln Yearly Until 2010
IFC Offers US$50 Mln Loan to Chinese Cement Producer
WB Offers US$100 Mln Loan to China to Stop Soil Erosion
WB Loan to Help Institutional Capacity Building for Further Reforms
WB to Aid Highway Construction in North China
WB Helps Inner Mongolia Facilitate Cross-border Trade
World Bank to Help Finance Hunan Project

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
Copyright © All Rights Reserved     E-mail: Tel: 86-10-88828000 京ICP证 040089号