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ADB Supports China's Railway Construction with Huge Loans

The Asian Development Bank has approved a 500-million-dollar loan for China to construct a railway linking Yichang in central China's Hubei Province with Wanzhou in Chongqing Municipality.

The loan will also be used to build auxiliary facilities for power transmission, cargo, and storage along the 380-kilometer route.

It is the largest loan that the ADB has ever offered China.

(CRI January 12, 2004)

ADB Grant for China to Improve Urban Environment
ADB Approves Loan for China's East-west Railway Project
ADB Plans to Issue Bonds in China
Annual ADB Loans to Increase
ADB to Lend China US$4.5 Billion in Next 3 Years
ADB Focuses on China's Water Resources Management
ADB Helps Flood Prevention of Yellow River
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