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LOANS & CREDITS China: Jiangxi Shihutang Navigation and Hydropower Complex Project | |
Washington DC, September 25, 2008—The World Bank's Board of Executive Directors today approved the following project. IBRD Loan Amount: US$ 100 million Terms: Maturity = 25 years; Grace = 8 years. Project Description: The project supports the Government’s efforts to improve utilization of the Gan River for more reliable freight transport and for cleaner energy production through: (a) improving inland waterway transport capacity and service levels for primary and secondary industries in the Nanchang-Ganzhou corridor of the Gan River; and (b) generating renewable electricity to help meet rapidly growing demand for energy in the region.
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