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LOANS & CREDITS
China: GuiGuang Railway Project
Washington DC, April 16, 2009—The World Bank's Board of Executive Directors today approved the following project.
IBRD Loan: US$300.0 million
Terms: Maturity = 25 years; Grace period = 5 years
Project Description: The project will provide additional transport capacity and reduce transport time between the less developed western region in southwest China and the relatively more developed Pearl River Delta region.